BVI corporation’s ordinary shares and warrants to trade separately

The British Virgin Islands-registered blank check company FlatWorld Acquisition Corp. made an announcement that Rodman & Renshaw, LLC, the representative of the underwriters of company’s initial public offering of 2,200,000 units, which was consummated in December 2010, has notified the BVI company that from February 4, 2011, the holders of the company’s units may choose to separately trade the ordinary shares and warrants underlying the units.

The units that are not separated will continue to trade on the OTC Bulletin Board under the symbol “FTWAU”, and each of the ordinary shares and warrants will trade under the symbols “FTWA” and “FTWAW”, respectively.

FlatWorld Acquisition Corp. was formed for acquisition or mergers with an operating business in the global business services sector or emerging Asian markets including China and India. Company’s target business will not be limited to a particular industry, geographic region, or a minimum transaction value.

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