Periphas Capital Partnering said holders of the CAPSTM (Capital which Aligns and Partners with a Sponsor) sold in the SPAC’s IPO last month may elect to trade the shares and warrants separately starting next week. Those CAPSTM not separated will continue to trade on the NYSE under PCPC.U, while shares and warrants that are separated will trade under PCPC and PCPC WS, respectively.
Although the SPAC has not identified a specific sector to target, the management team lists extensive experience in technology-enabled businesses, business services, industrials and consumer industries. Read more.
