Astrea Acquisition shares and warrants may be traded spearately starting March 15, the SPAC said.
Shares of common stock and warrants that are separated will trade on the Nasdaq under ASAX and ASAXW, respectively. Units not separated will continue to trade under ASAXU.
The SPAC last month raised $150 million in an IPO. Astrea in its initial filing did not identify any particular industry or geographic region to target, noting only that it would focus on businesses with equity values greater than $350 million. Read more.
