GRAND CAYMAN, CAYMAN ISLANDS, June  18, 2026  (GLOBE NEWSWIRE) --  Forefront Tech Holdings Acquisition Corp (NASDAQ:FTHAU) (the &#34;Company&#34;) today announced that commencing June 22, 2026, holders of the units sold in its

FTHAU

Forefront Tech Holdings Acquisition Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing June 22, 2026

Forefront SPAC to separate units into tradable shares and warrants on June 22

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>GRAND CAYMAN, CAYMAN ISLANDS, June  18, 2026  (GLOBE NEWSWIRE) --  Forefront Tech Holdings Acquisition Corp (NASDAQ:FTHAU) (the &amp;#34;Company&amp;#34;) today announced that commencing June 22, 2026, holders of the units sold in its</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Forefront Tech Holdings Acquisition Corp announced that starting June 22, 2026, holders of its units may separately trade Class A ordinary shares (FTHA) and warrants (FTHAW). Each unit includes one share and half a warrant, with a $11.50 warrant exercise price. Separated securities will trade on Nasdaq under FTHA and FTHAW, improving liquidity and price discovery, though no fundamental changes to the business are implied before a deal is announced.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Forefront SPAC to separate units into shares and warrants on June 22, 2026.</li><li>Separation yields FTHA for shares and FTHAW for warrants; units trade as FTHAU.</li><li>Warrant exercise price is $11.50; brokers must separate units; no fractional warrants.</li><li>Forward-looking statements apply; no guarantee the offering will proceed.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Forefront Tech Holdings Acquisition Corp (FTHAU)</strong>: Announces unit separation; key near-term trading dynamic as FTHA and FTHAW become separately tradable.</li><li><strong>Class A ordinary shares (FTHA)</strong>: To trade separately from units beginning June 22, 2026; liquidity and price discovery may improve.</li><li><strong>Redeemable warrants (FTHAW)</strong>: Trade separately with $11.50 strike; value tied to merger probability and time to deal.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. This is a standard SPAC unit separation event affecting trading structure, liquidity, and price discovery rather than fundamental operations.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>June 22, 2026 separation date could trigger short-term trading volatility.</li><li>Warrant strike price of $11.50 may influence warrant value depending on deal probability.</li><li>No fractional warrants; only whole warrants trade, affecting liquidity and spreads.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date of separation: June 22, 2026.</li><li>Warrant exercise price: $11.50 per share.</li><li>Only whole warrants trade; no fractional warrants issued.</li><li>Separated shares ticker: FTHA; separated warrants ticker: FTHAW; units ticker: FTHAU.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term neutral to modestly bullish as separation boosts liquidity and potential mispricing between FTHA and FTHAW.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify"><strong>GRAND CAYMAN, CAYMAN ISLANDS, June  18, 2026  (GLOBE NEWSWIRE) --  </strong>Forefront Tech Holdings Acquisition Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FTHAU">FTHAU</a>) (the "Company") today announced that commencing June 22, 2026, holders of the units sold in its initial public offering (the "Units") may elect to separately trade the Class A ordinary shares and warrants included in the Units. Each Unit consists of one Class A ordinary share and one-half of one redeemable warrant. No fractional warrants will be issued upon separation of the Units and only whole warrants will trade. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable.</p>  <p align="justify">The Class A ordinary shares and warrants that are separated will trade on the Global Market tier of The Nasdaq Stock Market LLC ("Nasdaq") under the symbols "FTHA" and "FTHAW", respectively. Those Units not separated will continue to trade on the Nasdaq under the symbol "FTHAU". Holders of the Units will need to have their brokers contact Odyssey Transfer and Trust Company, the Company's transfer agent, in order to separate the Units into Class A ordinary shares and warrants.</p>  <p align="justify">The offering was made only by means of a prospectus, copies of which may be obtained from BTIG, LLC, Attention: 65 East 55th Street, New York, New York 10022, or by email at <a href="https://www.globenewswire.com/Tracker?data=h1ovpfnuwHpKXwEG8AB_I9MXG7sD01hILLxh20pHjtYmX6sH-03SGkDmiPWsFVFm4SAH-mTmMRnajEfhab6S3FfxLp7yZP7eCNLNM0wYTBvYeZLWBvNuxVxhfH2yuuLh" rel="nofollow" target="_blank">ProspectusDelivery@btig.com</a>, or by accessing the SEC's website, <a href="https://www.globenewswire.com/Tracker?data=XJTO9NVndCaT8MXMySoXUg6eFzX-40-8ciKnru_8Ovt-nzDTSuuGqWe3yc6-ng5PKa7Pz7JtFP1d2FMjjr0tiw==" rel="nofollow" target="_blank">www.sec.gov</a>.</p>  <p align="justify">This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>  <p align="justify"><b>About Forefront Tech Holdings Acquisition Corp</b></p>  <p align="justify">The Company is a blank check company incorporated as an exempted company under the laws of the Cayman Islands, which will seek to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While it may pursue an acquisition opportunity in any business, industry, sector or geographical location, it intends to focus on target businesses in the technology sector (with an emphasis on blockchain-enabled artificial intelligence, digital trade identities and robotics). The Company expects to focus on platforms serving Southeast Asia nations and the region's cross-border corridors. Next Lion Sponsor Holdings LLC is the Company's sponsor.</p>  <p align="justify"><b>Forward-Looking Statements</b></p>  <p align="justify">This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related preliminary prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC's website, <a href="https://www.globenewswire.com/Tracker?data=XJTO9NVndCaT8MXMySoXUiU-PCYvAWAMjHyi-nhNISNmCJc5JZ0hLHD2dsmapII5g_Wm-xbzmTLZpkUpgss_4A==" rel="nofollow" target="_blank">www.sec.gov</a>.</p>  <p align="justify"><b>Contact:</b><br></br>Forefront Tech Holdings Acquisition Corp<br></br>Suite 210, 2nd Floor, Windward III, Regatta Office Park, PO Box 500<br></br>Grand Cayman, Cayman Islands, KY1-1106<br></br>Telephone: +1 (302) 406-3060</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc0OTMyOSM3NjY4NTQ0IzUwMDE2MTg3MQ=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/OTBhNTM5MjQtM2NjMi00ODYxLWJlMDItMjQ5MDY3YmM0YzNmLTUwMDE2MTg3MS0yMDI2LTA2LTE4LWVu/tiny/Forefront-Tech-Holdings-Acquis.png" referrerpolicy="no-referrer-when-downgrade"></img>

Forefront Tech Holdings Acquisition Corp announced that starting June 22, 2026, holders of its units may separately trade Class A ordinary shares (FTHA) and warrants (FTHAW). Each unit includes one share and half a warrant, with a $11.50 warrant exercise price. Separated securities will trade on Nasdaq under FTHA and FTHAW, improving liquidity and price discovery, though no fundamental changes to the business are implied before a deal is announced.

Forefront Tech Holdings Acquisition Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing June 22, 2026

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

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