Forest Road Acquisition II Class A common stock and warrants may be traded separately starting April 30, the SPAC said.
Shares and warrants that are separated will trade on the NYSE under FRXB and FRXB WS, respectively. Units not separated will continue to trade under FRXB.U.
The SPAC raised $350 million in an IPO last month with plans to search for a target business operating in the technology, media, telecommunications, and consumer space. Read more.