GlobeNewswire Inc. · Feb 22, 2022
AIB Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Rights Commencing February 23, 2022
NEW YORK, NY, Feb. 22, 2022 (GLOBE NEWSWIRE) -- AIB Acquisition Corporation (NASDAQ: AIBBU) (the “Company”) today announced that, commencing February 23, 2022, holders of the units sold in the Company’s initial public offering of 8,625,000 units completed on January 21, 2022, may elect to separately trade the Company’s Class A ordinary shares (“Class A Ordinary Shares”) and rights included in the units. No fractional rights will be issued upon separation of the units and only whole rights will trade. Class A Ordinary Shares and rights that are separated will trade on the Nasdaq Global Market under the symbols “AIB” and “AIBBR,” respectively. Those units not separated will continue to trade on the NASDAQ Global Market under the symbol “AIBBU.”This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, 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.
