Press Releases April 8, 2026 08:00 PM

GalaxyEdge Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights

GalaxyEdge Acquisition Corp Initiates Separate Trading of Ordinary Shares and Rights on NYSE

By Avery Klein GLED
GalaxyEdge Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights
GLED

GalaxyEdge Acquisition Corporation, a Cayman Islands exempted blank check company listed on the NYSE, announced that holders of its units can now separately trade ordinary shares and rights starting April 14, 2026. Units not separated will continue trading under the symbol GLED U, while ordinary shares and rights will trade as GLED and GLED RT, respectively. This development provides investors new flexibility in trading ahead of the company's planned business combination.

Key Points

  • GalaxyEdge Acquisition Corp allows unit holders to separate and trade ordinary shares and rights independently on the NYSE.
  • The company is a SPAC formed for acquiring or merging with businesses without limitation on industry or geography.
  • Each unit contains one ordinary share and one right to receive one-fourth of an ordinary share upon completion of the business combination.

NEW YORK, April 09, 2026 (GLOBE NEWSWIRE) -- GalaxyEdge Acquisition Corp (NYSE: GLED U) (the “Company”), a Cayman Islands exempted company, announced that holders of the Company’s units sold in its initial public offering may elect to separately trade the ordinary shares and rights included in the units, commencing on or about April 14, 2026.

Any units not separated will continue to trade on the New York Stock Exchange (the “NYSE”) under the symbol “GLED U,” and the separated ordinary shares and rights are expected to trade on the NYSE under the symbols “GLED” and “GLED RT,” respectively. Holders of 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 ordinary shares and rights.

Each unit consists of one ordinary share and one right to receive one-fourth (1/4) of one ordinary share upon the consummation of the Company’s initial business combination.

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 GalaxyEdge Acquisition Corporation

GalaxyEdge Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact

Ping Zhang
GalaxyEdge Acquisition Corporation
Email: [email protected]


Risks

  • The timing and success of the initial business combination remain uncertain, impacting the valuation and utility of the rights.
  • Market conditions or regulatory restrictions could affect the trading and liquidity of the separated securities.
  • Forward-looking statements indicate potential risks and uncertainties that may affect the actual outcomes, including economic conditions and execution of corporate strategies.

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