Patriot Acquisition Corp./CI 8-K

What Happened Patriot Acquisition Corp. announced in an 8-K filed July 6, 2026, that effective that date holders of the Company’s publicly traded Units may elect to separate the Units so the underlying Class A ordinary shares and warrants can trade separately on Nasdaq. Each Unit consists of one Class A ordinary share and one-half of one redeemable warrant; each whole warrant entitles the holder to buy one Class A share at $11.50 per share.

Key Details

• Effective date: July 6, 2026 (announcement date in the 8‑K).
• Unit composition: 1 Class A ordinary share + 0.5 redeemable warrant per Unit.
• Warrant terms: each whole warrant exercisable for one Class A share at $11.50; no fractional warrants will be issued and only whole warrants will trade.
• Ticker symbols: unseparated Units remain on Nasdaq as “PTACU”; separated Class A shares will trade as “PTAC” and separated warrants as “PTACW.”
• To separate Units, holders must have their brokers contact the transfer agent, Continental Stock Transfer & Trust Company.

Why It Matters This change lets investors trade the equity (Class A shares) and the warrants independently, giving more flexibility for different investment strategies (holding shares versus speculative warrant exposure). It does not change the underlying economics announced in the filing (warrant strike price or unit contents), but affects liquidity and how investors access or divest each instrument. The company issued a press release (Exhibit 99.1) to announce the separate trading.