Austerlitz II Shares and Warrants Begin Separate Trading

William Foley II

Austerlitz Acquisition II shares and warrants may be traded separately beginning today, the SPAC said.

Class A ordinary shares and warrants that are separated will trade on the NYSE under ASZ and ASZ WS, respectively. Units not separated will continue to trade under ASZ.U.

The Spac’s sponsor is Austerlitz Acquisition Sponsor, LP II, an affiliate of Trasimene Capital Management, led by William P. Foley, II (pictured).

Austerlitz II raised $1.2 billion in an upsized IPO in February. The SPAC intends to target a business in financial technology or information and business services, which acts as an essential utility to industries that are core to the economy. Read more.

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