Fortune Rise Acquisition Corporation Announces Separate Trading of Its Class A Common Stocks and Warrants from December 27, 2021 – QNT Press Release

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New York, December twenty two, 2021 /PRNewswire/ – Fortune Rise Acquisition Corporation (NASDAQ:Frau) (“Company”), a newly established blank cheque company, as Delaware A commercial company led by CEO and Director Huang Lei, today announced the start December 27, 2021, Holders of units sold in a company’s initial public offering can choose to trade the company’s Class A common stock and the warrants included in the unit separately. Fractional warrants will not be issued when the unit is separated, and only the entire warrant can be traded. The separated Class A common stocks and warrants will be traded on the Nasdaq Global Market (“NASDAQ”) under the symbols “FRLA” and “FRLAW”. Those undivided units will continue to trade on Nasdaq under the code “FRLAU”. Unitholders need to ask their broker to contact the company’s transfer agent Vstock Transfer, LLC in order to divide the unit into Class A common shares and warrants. These units started trading on Nasdaq under the ticker symbol “FRLAU” On November 3,…

The full story can be found on Benzinga.com

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