Pyrophyte Acquisition Corp. II announced the separate trading of its Class A ordinary shares and warrants commencing on or about September 8, 2025.
Holders of units from the initial public offering may elect to trade the Class A ordinary shares and warrants separately.
Separation of units will lead to trading of Class A ordinary shares under symbol 'PAII' and warrants under symbol 'PAII WS' on the NYSE.
Separate Trading Commencement
Holders of units from the IPO can start trading Class A ordinary shares and warrants separately from September 8, 2025.
Symbol Changes
After separation, Class A ordinary shares will trade as 'PAII' and warrants as 'PAII WS' on the NYSE.
Registration Statement
The registration statement for the securities was declared effective on July 16, 2025.
Forward-Looking Statements
The press release includes cautionary notes on forward-looking statements related to the Company's search for an initial business combination.
- Holders need to contact the Company's transfer agent to separate units for trading.
- Trading fractions of warrants will not be allowed, only whole warrants will be available for trading.
The announcement of separate trading of Class A ordinary shares and warrants provides more flexibility for investors and better liquidity in the market.