Bowen Acquisition Corp Announces Separate Trading of its Ordinary Shares and Rights
August 14 2023 - 8:00AM
Bowen Acquisition Corp (NASDAQ: BOWNU) (the “Company”) announced
today that, commencing on or about August 17, 2023, holders of its
units sold in the Company’s initial public offering may elect to
separately trade the Company’s ordinary shares and rights included
in the units. The ordinary shares and rights that are separated
will trade on the Nasdaq Global Market (“Nasdaq”) under the symbols
“BOWN” and “BOWNR,” respectively. No fractional rights will be
issued upon separation of the units and only whole rights will
trade. Those units not separated will continue to trade on Nasdaq
under the symbol “BOWNU.” 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.
Bowen Acquisition Corp is a Cayman Islands
corporation incorporated as a blank check company for the purpose
of entering into a merger, share exchange, asset acquisition, share
purchase, recapitalization, reorganization or similar business
combination with one or more businesses or entities. The Company’s
efforts to identify a prospective target business will not be
limited to a particular industry or geographic region although the
Company intends to initially focus on target businesses in the
infrastructure, engineering and construction, industrial and
renewables industries. The Company’s management team is comprised
of Jiangang Luo, Chief Executive Officer, Jing Lu, Chief Financial
Officer, Na Gai, Chairwoman of the Board of Directors and Lawrence
Leighton, Wei Li and Jun Zhang, each a Director of the
Company.
FORWARD-LOOKING STATEMENTS
This press release contains statements that
constitute “forward-looking statements.” 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 final prospectus relating to the
Company’s initial public offering filed with the SEC on July 12,
2023. 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.
Contacts:
Jiangang LuoChief Executive Officer Bowen Acquisition Corp(203)
998-5540
Bowen Acquisition (NASDAQ:BOWN)
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