Aperture AC Units Split into Class A Shares and Rights on June 10
On June 10, Aperture AC’s units will automatically separate into Class A ordinary shares and rights, which will trade under new Nasdaq tickers APUR and APURR. No action is required by unit holders, though purchases after market close on June 9 may not settle to receive full rights allocation.
1. Automatic Unit Separation
On June 10, Aperture AC’s combined units will cease trading as a single instrument, triggering an automatic and mandatory split into two distinct securities. Unit holders do not need to take any action to receive the separated Class A shares and rights.
2. New Trading Symbols and Listing
Following the split, Class A ordinary shares will trade under the symbol APUR and rights will trade under APURR on the Nasdaq Capital Market. Both securities will begin independent trading immediately upon separation.
3. Settlement Implications
Transactions in units executed after market close on June 9 may not settle before the separation date, which could result in purchasers receiving fewer rights than expected. Market participants should consider settlement timing when acquiring units near the separation event.
