SportsTek Acquisition shares of Class A common stock and redeemable warrants may be traded separately starting April 9, the SPAC said. Units not separated will continue to trade on the Nasdaq under SPTKU. Shares and warrants that are separated will trade under SPTK and SPTKW, respectively.
The SPAC raised $150 millionm in a February IPO to target a business engaged in sports and related sectors, including sports franchises, media, data analytics, and technology and services businesses serving those end markets. Read more.
