- Wen Acquisition Corp (Nasdaq: WENNU) to allow separate trading of Class A shares and warrants starting July 7, 2025.
- The separated securities will be listed under the symbols "WENN" for Class A shares and "WENNW" for warrants on the Nasdaq Global Market.
- Unseparated units will continue to trade under "WENNU," and only whole warrants will be issued.
Wen Acquisition Corp (Nasdaq: WENNU) has announced that, effective July 7, 2025, holders of units from the company's initial public offering (IPO) will be able to trade the company's Class A ordinary shares and warrants separately. This move allows investors more flexibility in managing their portfolios.
The Class A ordinary shares, once separated, will trade under the symbol "WENN," while the warrants will trade under "WENNW" on the Nasdaq Global Market. Units that are not separated will continue to trade under the ticker "WENNU."
Importantly, the company will not issue fractional warrants; only whole warrants will be tradable. This decision reflects the company's strategic focus on ensuring a smooth and straightforward trading experience for its investors.
Wen Acquisition Corp is a blank check company focused on potential mergers or acquisitions, particularly within the fintech sector. The company aims to integrate blockchain networks and digital assets into traditional financial systems.
