- Business
- These are redeemable warrants associated with OTG Acquisition Corp. I, a special purpose acquisition company. The warrants were distributed in conjunction with the company's initial public offering, where each unit initially comprised one Class A ordinary share and one-half of one redeemable warrant. OTG Acquisition Corp. I aims to identify and merge with a target company within the digital infrastructure services sector, focusing on areas like data center expansion, digital infrastructure, power generation, and communication technology. These warrants provide holders the right to acquire a Class A ordinary share, with an exercise price set at US$11.50 per share. The ordinary shares and warrants began trading separately on The Nasdaq Global Market on or about November 3, 2025.