Advanced Merger Partners Class A common stock and warrants may be traded separately beginning April 22, the SPAC said.
Units not separated will continue to trade on the NYSE under AMPI.U, while stock and warrants that are separated will trade under AMPI and AMPI WS, respectively.
Advanced Merger raised $250 million in an IPO last month to target middle-market companies.
The SPAC’s sponsor is an affiliate of investment bank Houlihan Lokey and investment advisory firm Saddle Point.Read more.