Blue Water Acquisition said that starting Feb. 9 holders of the units sold in the SPAC’s IPO may elect to trade shares of the Company’s Class A common stock and warrants separately.
Stock and warrants that are separated will trade on the Nasdaq under BLUW and BLUWW, respectively. Those units not separated will continue to trade under BLUWU.
Blue Water raised $57.5 million in December. The SPAC is focused on the healthcare sector in the United States and Europe. Read more.