other
confidence high
sentiment neutral
materiality 0.10
OmniLit Acquisition Corp. announces separate trading of Class A shares and warrants effective Jan 24, 2022
SYNTEC OPTICS HOLDINGS, INC.
- Starting Jan 24, 2022, holders of OmniLit units may separate and trade Class A common stock and warrants individually.
- Units not separated continue to trade on Nasdaq under 'OLITU'; separated common under 'OLIT'; warrants under 'OLITW'.
- Units were issued in IPO completed on November 12, 2021; each unit includes one share and one-half warrant.
- Each whole warrant entitles holder to purchase one share of Class A common stock at $11.50 per share after a business combination.