Praetorian Acquisition Corp. units may separate into shares (PTOR) & warrants (PTORW) starting March 16, 2026

Praetorian Acquisition Corp.

Holders of PTORU units may elect to separate into Class A ordinary shares and one-third of one warrant per unit, effective March 16, 2026.
Separated Class A shares will trade under PTOR; warrants under PTORW; only whole warrants will trade.
Units not separated continue to trade as PTORU on Nasdaq Global Market.
Clear Street LLC acted as sole book-running manager for the July 2025 IPO.

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