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Reported Late Tuesday, TenX Keane Acquisition Announces The Separate Trading Of Its Ordinary Shares And Rights Commencing On December 8, 2022

Benzinga Real-time News ·  Dec 7, 2022 01:04

TenX Keane Acquisition (the "Company") (NASDAQ:TENKU), a newly incorporated blank check company, today announced that, commencing on December 8, 2022, holders of the 6,600,000 units (the "Units") sold in the Company's initial public offering (the "Offering"), including Units sold upon the partial exercise of the underwriters' over-allotment option, may elect to separately trade the ordinary shares and rights included in the Units. Any Units not separated will continue to trade on the NASDAQ Global Market ("NASDAQ") under the symbol "TENKU." Any underlying ordinary shares and rights that are separated are expected to trade on the NASDAQ under the symbols "TENK" and "TENKR," respectively. Holders of Units will need to have their brokers contact the Company's transfer agent, American Stock Transfer & Trust Company, in order to separate the holders' Units into ordinary shares and rights.

This press release shall not constitute an offer to sell or a 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.

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