Wednesday, February 19, 2025

Equity Corporate Actions Alert #2025 - 84
Information Regarding the Business Combination of PowerUp Acquisition Corp. (PWUP, PWUPW & PWUPU) & Aspire Biopharma, Inc.

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  • Industry Announcement

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The business combination of PowerUp Acquisition Corp. (PWUP, PWUPW & PWUPU) & Aspire Biopharma, Inc. closed on Monday, February 17, 2025. Following the completion of the business combination, the company's Class A Ordinary shares (PWUP) and Warrants (PWUPW) will undergo a name, symbol, and CUSIP number change and the company's Units (PWUPU) will be suspended from trading. These actions will become effective on Thursday, February 20, 2025. The combined company will list the Common stock (ASBP) on the Nasdaq Global Market and the Warrants (ASBP) on the Nasdaq Capital Market. Additionally, the combined company will be domiciled in Delaware.

The details of the name, symbol, & CUSIP changes are follows:

Current Company Name & Issue Type: PowerUp Acquisition Corp. Class A Ordinary Shares
New Company Name & Issue Type: Aspire Biopharma Holdings, Inc. Common Stock
Current CUSIP: G7207P103
New CUSIP: 738920107
Current Symbol: PWUP
New Symbol: ASBP
Marketplace Effective Date: February 20, 2025

Current Company Name & Issue Type: PowerUp Acquisition Corp. Warrants
New Company Name & Issue Type: Aspire Biopharma Holdings, Inc. Warrants expiring 02/18/2030
Current CUSIP: G7207P129
New CUSIP: 738920115
Current Symbol: PWUPW
New Symbol: ASBPW
Marketplace Effective Date: February 20, 2025

If you would like to register as a market maker in ASBP or ASBPW, contact Nasdaq Trading Services at +1 212 231 5100.



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