Business and Finance Business and Finance
Fri, March 23, 2012

Trio Merger Corp. Announces Separation of Units


Published on 2012-03-23 06:11:25 - Market Wire
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NEW YORK--([ ])--Trio Merger Corp. (OTCBB: TMRG) (the aCompanya) announced today that effective March 26, 2012, the Companyas units (OTCBB: TMRGU) sold in its initial public offering will cease public trading. On such date, each unit will be mandatorily separated into its component parts a" one share of the Companyas common stock, par value $.0001, and one warrant to purchase one share of common stock. Following the separation, the common stock and warrants will continue to trade and no change will be made to the respective terms of those securities.

The foregoing action is being taken as a requirement to list the Companyas common stock on the Nasdaq Capital Markets. As previously announced, the Companyas listing application remains pending before the Nasdaq Capital Markets and the Company is seeking to have the exchange list its common stock as soon as possible following the mandatory separation of the units. Until further notice, however, the common stock and warrants will continue to be quoted on the OTCBB under the symbols TMRG and TMRGW, respectively.

Trio Merger Corp. is a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition or other similar business combination with one or more businesses or entities. The Companyas efforts to identify a prospective target business will not be limited to any particular industry or geographic region.

Forward Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of the Companyas management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements.

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