Market Technology Acquisition Corp, a special purpose acquisition company (SPAC), announced on September 16, 2026, that the holders of its initial public offering units may elect to separately trade the Class A ordinary shares and warrants included in those units. The separation is set to commence on September 17, 2026.
Each unit sold in the initial public offering consists of one Class A ordinary share of the Company, par value $0.0001 per share, and one-half of one redeemable warrant. Upon separation, the Class A ordinary shares are expected to trade on the Nasdaq Global Market under the symbol "MTAK," while the warrants are expected to trade under the symbol "MTAKW." Units that are not separated will continue to trade on the Nasdaq Global Market under the symbol "MTAKU." The Company noted that no fractional warrants will be issued upon the separation of the units, and only whole warrants will trade.
Holders of the units will need to instruct their brokers to contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, to facilitate the separation of the units into Class A ordinary shares and warrants. The Company’s management team is led by CEO Jonathan Slone and CFO and COO Christopher Hayes.
