Search:
   

Tuesday, May 17, 2022

Equity Corporate Actions Alert #2022 - 103
(UPDATED: Merger Effective) Information Regarding the Business Combination of Artesan Acquisition Corp. (ARTA/W/U) and Prenetics Global Limited

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

The business combination of Artesan Acquisition Corp. (ARTA/U/W) & Prenetics Global Limited became effective on May 17, 2022. As a result of the business combination, the ordinary shares, warrant, and unit of Artesan Acquisition Corp. (ARTA/U/W) will be suspended from trading. The suspension details are as follows:

Company Name/Issue: Artesan Acquisition Corp. Ordinary Shares
CUSIP#: G0509L102
Symbol: ARTA
Last Trading Date: May 17, 2022
Marketplace Effective Date for Suspension: May 18, 2022
Merger Consideration: 1.29 shares of Prenetics Global Limited Class A Ordinary Share (PRE) for each share held.
Company Name/Issue: Artesan Acquisition Corp. Warrant
CUSIP#: G0509L128
Symbol: ARTAW
Last Trading Date: May 17, 2022
Marketplace Effective Date for Suspension: May 18, 2022
Merger Consideration: One (1) Prenetics Global Limited Warrant expiring 5/17/2027 (PRENW) for each warrant held.
Company Name/Issue: Artesan Acquisition Corp. Unit
CUSIP#: G0509L110
Symbol: ARTAU
Last Trading Date: May 17, 2022
Marketplace Effective Date for Suspension: May 18, 2022
Merger Consideration: Unit will separate into its components.

As a result of the merger, the combined company will be listed on the Nasdaq; the Class A Ordinary Share on the Nasdaq Global Market and the warrant on the Nasdaq Capital Market . The details are as follows:

Company Name/Issue: Prenetics Global Limited Class A Ordinary Shares
CUSIP#: G72245106
Symbol: PRE
Marketplace Effective Date: May 18, 2022

Company Name/Issue: Prenetics Global Limited Warrant expiring 5/17/2027
CUSIP#: G72245114
Symbol: PRENW
Marketplace Effective Date: May 18, 2022

If you would like to register as a market maker in PRE or PRENW, contact Nasdaq Trading Services at +1 212 231 5100.


Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile