Westin Acquisition Corp (NASDAQ: WSTNU) has announced that holders of its 5,750,000 units sold in the initial public offering can now separately trade the ordinary shares and rights included in the units.
The trading is set to commence around December 31, 2025, offering holders the flexibility to trade individual components of the units on the Nasdaq Capital Market.
Any units not separated will continue to trade under the symbol 'WSTNU', while ordinary shares and rights will trade under 'WSTN' and 'WSTNR' respectively on the Nasdaq.
Separate Trading Option
Holders of the units can choose to trade ordinary shares and rights separately, enhancing market liquidity.
Transfer Agent Contact
Brokers need to contact Odyssey Stock Transfer & Trust Company to separate the units into Class A ordinary shares and rights.
Business Purpose
Westin Acquisition Corp is a blank check company seeking business combinations without a specific industry or region limitation.
- The announcement provides investors with increased flexibility and liquidity in trading Westin Acquisition Corp's securities.
- Separate trading of ordinary shares and rights may lead to more efficient price discovery and market activity on the Nasdaq.
Westin Acquisition Corp's move to allow separate trading of its securities reflects its commitment to providing flexibility and market liquidity to investors. This decision is aligned with the company's goal of maximizing shareholder value and facilitating efficient trading strategies.