- ProCap Acquisition Corp (PCAP, Financial) announces separate trading for Class A shares and warrants starting July 11, 2025.
- Class A shares will trade under the symbol "PCAP" and warrants under "PCAPW" on Nasdaq Global Market.
- Each whole warrant allows purchase of one Class A share at $11.50 per share.
ProCap Acquisition Corp (Nasdaq: PCAP) has announced that, effective July 11, 2025, holders of its units will be able to separately trade Class A ordinary shares and warrants. Each unit comprises one Class A ordinary share and one-third of one redeemable warrant.
Upon separation, the Class A ordinary shares will trade under the symbol "PCAP", while the warrants will be listed under "PCAPW" on the Nasdaq Global Market. Units not separated will continue to trade under the symbol "PCAPU".
Each whole warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share. No fractional warrants will be issued upon separation, and only whole warrants will trade.
BTIG, LLC served as the sole book-running manager for the offering.
