2023-03-17 09:27:37 ET
- Catcha Investment ( NYSE: CHAA ) said on Friday that its units, which trade under the ticker symbol CHAA.U, will be mandatorily separated and class A shares, which trade under the ticker symbol CHAA, will be voluntarily delisted.
- The moves are effective Mar. 28.
- Each unit consists of one class A share and one-third of one redeemable warrant to purchase one class A share.
- The unit holders will receive class A shares and warrants underlying their units, considering the separation.
- The class A shares, which gets delisted from NYSE, will begin trading on NYSE American from Mar. 28.
- The company anticipates receiving authorization for the proposed transfer of the listing of its class A shares on NYSE American on or around Mar. 23.
- Source: Press Release
For further details see:
Catcha Investment to separate units, voluntarily delist class A shares