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Siddhi Acquisition Announces Separate Trading Of Ordinary Shares And Rights Starting June 4, 2025

Benzinga Newsdesk 1 year ago

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Siddhi Acquisition Corp. (NASDAQ:SDHIU) (the "Company") today announced that, commencing June 4, 2025, holders of the units sold in the Company's initial public offering may elect to separately trade the Company's

Siddhi Acquisition Corp. (NASDAQ:SDHIU) (the "Company") today announced that, commencing June 4, 2025, holders of the 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.

No fractional rights will be issued upon separation of the units and only whole rights will trade. The ordinary shares and rights that are separated will trade on The Nasdaq Global Market under the symbols "SDHI" and "SDHIR," respectively. Those units not separated will continue to trade on The Nasdaq Global Market under the symbol "SDHIU." 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.

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