Jackson Acquisition Company II Announces the Separate Trading of its Class A Ordinary Shares and Rights Commencing January 30, 2025
28 January 2025 - 8:55AM
Business Wire
Jackson Acquisition Company II (NYSE: JACS.U) (the “Company”)
today announced that, commencing January 30, 2025, holders of the
units (the “Units”) sold in the Company’s initial public offering
completed on December 11, 2024 may elect to separately trade the
Company’s Class A ordinary shares, par value $0.0001 per share (the
“Class A Ordinary Shares”), and the Company’s rights to receive
one-tenth (1/10) of a Class A Ordinary Share upon the consummation
of an initial business combination included in the Units (the
“Rights”). Each Unit consists of one share of Class A Ordinary
Share and one Right. The Class A Ordinary Shares and Rights that
are separated will trade on the New York Stock Exchange (the
“NYSE”) under the symbols “JACS” and “JACS.R,” respectively. Those
Units not separated will continue to trade on the NYSE under the
symbol “JACS.U.” Holders of the 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 Rights.
A registration statement relating to these securities was
declared effective by the Securities and Exchange Commission on
December 9, 2024. This press release shall not constitute an offer
to sell or the 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 Jackson Acquisition Company II
Jackson Acquisition Company II is a special purpose acquisition
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. While the
Company may pursue an initial business combination in any industry
or geographic location, the Company intends to concentrate its
search on businesses with a focus on healthcare services,
healthcare technology, or otherwise focused on the healthcare
industry.
Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the
Company’s search for and/or completion of an initial business
combination. No assurance can be given that the Company will
complete an initial business combination. Forward-looking
statements are subject to numerous risks, conditions and other
uncertainties, 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 Securities and Exchange
Commission (the “SEC”). Copies of these documents are available on
the SEC’s website, www.sec.gov. The Company undertakes no
obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20250127861445/en/
Investor Contact: Richard L. Jackson Jackson Acquisition
Company II 678-690-1079
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