Praetorian Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing March 16, 2026

Company Overview - Praetorian Acquisition Corp. is a blank check company formed to effect mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [3] - The company aims to pursue acquisition opportunities across various industries, focusing on traditional sectors that can be enhanced through automation and artificial intelligence [3] Management Team - The management team is led by Justin Di Rezze M.D., the Chief Executive Officer, and Peter Ondishin, the Chief Financial Officer, both of whom are members of the Board of Directors [4] - The Board also includes Nicole Seligman, Alex Elias, and Erica Dorfman [4] Initial Public Offering Details - Starting March 16, 2026, holders of the units from the initial public offering can separately trade Class A ordinary shares and redeemable warrants [1] - Each unit consists of one Class A ordinary share and one-third of a warrant, with each whole warrant allowing the purchase of one Class A ordinary share at $11.50 [1] - The Class A ordinary shares will trade under the symbol "PTOR" and the warrants under "PTORW" on the Nasdaq Global Market, while units not separated will continue to trade under "PTORU" [1]

Praetorian Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing March 16, 2026 - Reportify