NEW YORK, May 21, 2021 /PRNewswire/ -- Ace Global Business
Acquisition Limited ("the Company" or "ACBA") (NASDAQ:ACBAU), a
blank check company formed for the purpose of entering into a
merger, share exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses, today announced that holders of the Company's units may
elect to separately trade the ordinary shares and warrants included
in its units commencing on or about April
16, 2021.
The ordinary shares and warrants will trade on the NASDAQ
Capital Market ("NASDAQ") under the symbols ACBA and ACBAW,
respectively. Units not separated will continue to trade on NASDAQ
under the symbol ACBAU.
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 ordinary shares and warrants.
About Ace Global Business Acquisition Limited
Ace Global Business Acquisition Limited is a British Virgin Islands company incorporated as
a blank check company for the purpose of entering into a merger,
share exchange, asset acquisition, share purchase,
recapitalization, reorganization or similar business combination
with one or more businesses or entities. The Company's efforts to
identify a prospective target business will not be limited to a
particular industry or geographic region, although the Company
intends to focus on operating businesses in the gaming and
e-commerce sectors in the Greater
China, Japan and
Southeast Asia regions.
Forward Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward looking statements are
statements that are not historical facts. Such forward-looking
statements, including the successful consummation of the Company's
initial public offering, are subject to risks and uncertainties,
which could cause actual results to differ from the forward looking
statements. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based.
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SOURCE Ace Global Business Acquisition Limited