OTG Acquisition Corp. I will allow unit holders to separately trade ordinary shares and warrants starting November 3, 2025.
Quiver AI Summary
OTG Acquisition Corp. I, a special purpose acquisition company, announced that starting around November 3, 2025, holders of units from its September 15, 2025 offering can choose to separately trade the ordinary shares and warrants included in those units. The separated shares will trade on Nasdaq under the symbols "OTGA" and "OTGAW," while units that remain combined will continue under the symbol "OTGAU." Only whole warrants will be issued, with no fractional warrants available. Investors wishing to separate their units must contact the Company's transfer agent. The SEC has already deemed the related registration statement effective. OTG Acquisition Corp. I aims to focus on investments in the digital infrastructure services sector, leveraging its management's experience in areas such as data centers and communication technology. The release includes forward-looking statements subject to various risks and uncertainties.
Potential Positives
- Holders of the units can now trade ordinary shares and warrants separately, increasing liquidity for investors.
- The Company is now officially listed on The Nasdaq Global Market with distinct trading symbols for the separated securities, enhancing its visibility and market presence.
- The registration statement for the securities was declared effective by the SEC, ensuring compliance and operational readiness in the market.
Potential Negatives
- The press release indicates that the company is still in the process of seeking an initial business combination, which may raise concerns about the speed and effectiveness of its operational strategy since the IPO was completed over a month ago.
- The requirement for unit holders to contact brokers to separate their units into ordinary shares and warrants may create confusion and complicate the trading process for investors, potentially discouraging trading activity.
- The mention of forward-looking statements and risks beyond the company's control may lead to uncertainty regarding the company's future performance and strategy execution, which could impact investor confidence.
FAQ
When can I trade the ordinary shares and warrants separately?
Holders can start trading the ordinary shares and warrants separately on or about November 3, 2025.
What are the trading symbols for the separated securities?
The ordinary shares will trade under the symbol "OTGA" and the warrants under "OTGAW."
What should I do to separate my units into shares and warrants?
You need to contact your broker to reach Continental Stock Transfer & Trust Company for separation.
What happens to the units that are not separated?
Units that are not separated will continue to trade under the symbol "OTGAU."
What is OTG Acquisition Corp. I's focus area?
OTG Acquisition Corp. I targets companies in the digital infrastructure services sector, including data centers and communication technology.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$OTGAU Hedge Fund Activity
We have seen 3 institutional investors add shares of $OTGAU stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WOLVERINE ASSET MANAGEMENT LLC added 500,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $5,035,000
- MIZUHO SECURITIES USA LLC added 210,464 shares (+inf%) to their portfolio in Q3 2025, for an estimated $2,119,372
- DELTEC ASSET MANAGEMENT LLC added 100,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $1,007,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Oct. 29, 2025 (GLOBE NEWSWIRE) -- OTG Acquisition Corp. I (Nasdaq: OTGAU) (the “Company”), a special purpose acquisition company, today announced that, commencing on or about November 3, 2025, holders of the units sold in the Company’s initial public offering completed on September 15, 2025 (the “offering”), may elect to separately trade the ordinary shares and warrants included in the units.
No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The ordinary shares and warrants that are separated will trade on The Nasdaq Global Market under the symbols “OTGA” and “OTGAW,” respectively, and those units not separated will continue to trade under the symbol “OTGAU.” 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 warrants.
A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 11, 2025. 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.
About OTG Acquisition Corp. I
OTG Acquisition Corp. I is a public acquisition vehicle and intends to target companies in the digital infrastructure services sector where its management has extensive investment and operational experience. The Company expects to focus on sectors whose growth is primarily driven by the expansion of data centers, digital infrastructure, power generation, communication technology and their related ecosystems.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s search for an initial business combination. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and final prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov . The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor Contact
Scott Troeller
[email protected]
(917) 488-5629
