03/16/2026 | Press release | Distributed by Public on 03/16/2026 15:14
Armada Acquisition Corp. III Announces Separate Trading of its Class A Ordinary Shares and
Warrants, Commencing March 27, 2026
Philadelphia, PA, March 16, 2026 /GLOBE NEWSWIRE/ - Armada Acquisition Corp. III (NASDAQ: AACIU) (the "Company") announced today that, commencing March 27, 2026, holders of the 24,850,000 units sold in the Company's initial public offering may elect to separately trade shares of the Company's Class A ordinary shares and warrants included in the units. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Stock Market LLC ("Nasdaq") under the symbols "AACI" and "AACIW", respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on Nasdaq under the symbol "AACIU." 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 Class A ordinary shares and warrants.
The units were initially offered by the Company in an underwritten offering. Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, acted as lead book-runner, and Northland Capital Markets acted as joint book-runner for the offering. A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on February 17, 2026.