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Jena Acquisition Corporation II Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing July 21, 2025

1. Jena Acquisition Corporation II will allow separate trading of shares from July 21, 2025. 2. Class A shares will be listed as 'JENA' and rights as 'JENA.R'. 3. Current units will still trade under 'JENA.U'. 4. Company aims for mergers in various industries based on management expertise. 5. Forward-looking statements caution investors about inherent risks and uncertainties.

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Why Bullish?

The separation of shares into distinct classes facilitates market trading and liquidity, potentially increasing investor interest and driving up demand for JENA shares. Past occurrences, like SPAC mergers, have often seen share prices spike following such announcements.

How important is it?

The announcement directly affects the liquidity of JENA shares, making it crucial for both new and existing investors, hence the importance score is moderate to high. Short-term trading dynamics will likely draw speculative trading interest.

Why Short Term?

The immediate effect of allowing separate trading is likely to be seen quickly, as investors can immediately react to the news around July 21, 2025. However, the long-term impact will depend on the company's future business combinations.

Related Companies

JENA.UJENA.R
July 16, 2025 06:00 ET  | Source: Jena Acquisition Corporation II New York, NY, July 16, 2025 (GLOBE NEWSWIRE) -- Jena Acquisition Corporation II (NYSE: JENA.U) (the “Company”) announced today that, commencing July 21, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and rights included in the units. The Class A ordinary shares and rights that are separated will trade on the New York Stock Exchange under the symbols “JENA” and “JENA.R,” respectively. Those units not separated will continue to trade on the New York Stock Exchange under the symbol “JENA.U.” This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, 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. About Jena Acquisition Corporation II The Company is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue a business combination in any business or industry, it intends to capitalize on the ability of its management team and initially focus its search on identifying a prospective target business that can benefit from its co-founder and Chairman William P. Foley, II’s and its co-founder and Chief Executive Officer Richard N. Massey’s historical areas of business expertise. Forward-Looking Statements This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. 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 registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Company Contact Jena Acquisition Corporation II Richard N. Massey, CEOjenaacquisition.com 

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