Karman Line Acquisition says units begin trading separately into shares, warrants Aug. 27
Units to separate into shares and warrants
Karman Line Acquisition will allow holders to unbundle its Nasdaq-listed units into Class A ordinary shares and warrants from Aug. 27, 2026.
- Separated securities will trade as XTER for the Class A ordinary shares and XTERW for the warrants.
- Units will continue to trade as XTERU.
- No fractional warrants will be issued in the separation; only whole warrants will trade.
