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Indigo Acquisition Corp. Announces Separate Trading of its Ordinary Shares and Rights

1. INACU units can be separated into ordinary shares and rights post-July 30. 2. Separated shares will trade under symbols 'INAC' and 'INACR' on Nasdaq. 3. INACU focuses on acquiring profitable entities with growth potential. 4. No fractional rights will be issued during unit separation process.

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FAQ

Why Bullish?

The opportunity to separate shares often indicates increased liquidity and investor interest. Historical instances show initial public offerings benefit when shares can trade separately, leading to potential price appreciation.

How important is it?

The ability to separate units into shares and rights may entice more investors. Such structural changes typically lead to enhanced trading dynamics, which could positively affect price movements.

Why Short Term?

The immediate impacts of share separation will likely be felt quickly as trading begins. Historically, stock prices can experience short-term volatility with unit conversions, often leading to initial price increases.

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INACINACR
July 18, 2025 07:30 ET  | Source: INDIGO ACQUISITION CORP NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) -- Indigo Acquisition Corp. (NASDAQ: INACU) (the “Company”) announced today that, commencing on or about July 30, 2025, holders of its units sold in the Company’s initial public offering may elect to separately trade the Company’s ordinary shares and rights included in the units. The ordinary shares and rights that are separated will trade on the Nasdaq Global Market (“Nasdaq”) under the symbols “INAC” and “INACR,” respectively. No fractional rights will be issued upon separation of the units and only whole rights will trade. Those units not separated will continue to trade on Nasdaq under the symbol “INACU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and rights. The Company is a Cayman exempt company, formed as a blank check company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company intends to focus on opportunities with established, profitable companies with attractive market positions and/or growth potential that can leverage our management team’s experience and expertise. The Company is led by its Chairman of the Board and Chief Executive Officer, James S. Cassel, and its Chief Operating Officer and Chief Financial Officer, Scott Salpeter. FORWARD-LOOKING STATEMENTS  This press release contains statements that constitute “forward-looking statements.” 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 Company’s final prospectus relating to the Company’s initial public offering filed with the SEC on July 1, 2025. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact: James S. Cassel, CEOjcassel@cs-ib.com305-438-7700 Scott Salpeter, CFOssalpeter@cs-ib.com 305-438-7700

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