StockNews.AI
WTGUU
StockNews.AI
34 days

Wintergreen Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Rights Commencing July 21, 2025

1. WTGUU will allow trading of its shares and rights separately from July 21. 2. 5.6 million units from IPO completed on May 30, 2025, eligible for separation. 3. Separated shares will trade as 'WTG' and rights as 'WTGUR' on Nasdaq. 4. WTGUU is a blank check company targeting technology and media sectors. 5. The announcement does not solicit offers for shares prior to qualifications.

5m saved
Insight
Article

FAQ

Why Bullish?

The ability to trade shares separately can enhance liquidity and attract interest, akin to historical IPO separations that often boost share prices as seen with several SPACs.

How important is it?

Separating shares increases trading flexibility, which can encourage investor participation and confidence in WTGUU.

Why Short Term?

This announcement is immediately impactful as it allows liquidity, similar to other SPACs post-IPO.

Related Companies

WTGWTGUR
July 16, 2025 09:30 ET  | Source: Wintergreen Acquisition Corp NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- Wintergreen Acquisition Corp. (NASDAQ: WTGUU) (the “Company”) today announced that, commencing July 21, 2025, holders of the 5,595,000 units sold in the Company’s initial public offering completed on May 30, 2025, may elect to separately trade the Company’s ordinary shares, par value $0.0001 per share (“Ordinary Shares”) and rights included in the units (with each right entitling the holder thereof to receive one-eighth of one Ordinary Share upon the consummation of the Company’s initial business combination). No fractional rights will be issued upon separation of the units and only whole rights will trade. Ordinary Shares and rights that are separated will trade on the Nasdaq Capital Market under the symbols “WTG” and “WTGUR,” respectively. Those units not separated will continue to trade on the Nasdaq Capital Market under the symbol “WTGUU.” 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 Wintergreen Acquisition Corp. Wintergreen Acquisition Corp is a newly incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While we will not be limited to a particular industry in our identification and acquisition of a target company, we intend to focus our search on businesses within the technology, media, and telecommunications sector. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the prospectus and the Company’s other filings with the SEC. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release. Source: Wintergreen Acquisition Corp.Attn: Mr. Bingzhao TanChief Financial Officer and Director Room 8326, Block B, Hongxiang Cultural and Creative Industrial Park, 90 Jiukeshu West Road, Tongzhou District, Beijing, PRC Email: bz_tan@macrodm.com

Related News