Spartacus Acquisition Corp. II 8-K

What Happened

• On March 31, 2026, Spartacus Acquisition Corp. II announced that, commencing April 2, 2026, holders of the Units issued in its IPO may elect to separate and separately trade the Class A ordinary shares and the warrants included in each Unit. Each Unit consists of one Class A ordinary share and one‑third of one redeemable warrant; only whole warrants will trade. Each whole warrant entitles the holder to purchase one Class A ordinary share at $11.50 per share.

Key Details

• Announcement date: March 31, 2026; separate trading begins: April 2, 2026.
• Unit composition: 1 Class A ordinary share + 1/3 of a redeemable warrant per Unit.
• Warrant terms: Only whole warrants will be issued/traded; exercise price $11.50 per share.
• Trading symbols: Units remain “TMTSU”; Class A shares expected to trade as “TMTS”; warrants as “TMTSW”.
• Action for holders: Brokers must contact Continental Stock Transfer & Trust Company (transfer agent) to separate Units.

Why It Matters

• Separating Units into shares and warrants gives investors greater flexibility to trade or hold the equity and the warrant components independently, which can increase liquidity and allow more precise positioning.
• The change does not alter the economic terms (e.g., the $11.50 warrant exercise price) but affects how securities are listed and traded on the Nasdaq Global Market.
• Holders who want separated securities should coordinate with their brokers and the transfer agent; Units left intact will continue trading under the unit ticker.