TMT Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights Commencing on May 1, 2023
27 April 2023 - 7:35PM
TMT Acquisition Corp (the “Company”) (Nasdaq: TMTCU), a blank check
company incorporated as a Cayman Islands exempted company formed
for the purpose of effecting a merger, share exchange, asset
acquisition, stock purchase, reorganization or similar business
combination with one or more businesses, today announced that,
commencing on May 1, 2023, holders of the 6,000,000 units (the
“Units”) sold in the Company’s initial public offering (the
“Offering”) may elect to separately trade the ordinary shares and
rights included in the Units. Any Units not separated will continue
to trade on the NASDAQ Global Market (“NASDAQ”) under the symbol
“TMTCU.” Any underlying ordinary shares and rights that are
separated are expected to trade on the NASDAQ under the symbols
“TMTC” and “TMTCR,” respectively. Holders of Units will need to
have their brokers contact the Company’s transfer agent,
Continental Stock Transfer & Trust Co., in order to separate
the holders’ Units into ordinary shares and rights.
This press release shall not constitute an offer
to sell or a solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About TMT Acquisition Corp
TMT Acquisition Corp is a blank check company,
also commonly referred to as a special purpose acquisition company,
or SPAC, formed for the purpose of effecting a merger, share
exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses.
Forward-Looking Statements
This press release contains statements that
constitute “forward-looking statements,” including with respect to
the separation and trading of the Company’s securities and search
for an initial business combination. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company’s registration statement and
prospectus for the Company’s initial public offering filed with the
SEC. Copies are available on the SEC’s website, www.sec.gov. TMT
Acquisition Corp undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
Contact Information:
Maggie ZhangEmail:
maggie.zhang@ascendantga.comTel: (347) 627-0058
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