Forum Merger IV shares and warrants may be traded separately starting May 13, the SPAC said.
Shares and warrants that are separated will trade on the Nasdaq under FMIV and FMIVW, respectively. Units not separated will continue to trade under FMIVU.
Forum Merger IV raised $300 million in a March IPO to search for companies with an aggregate enterprise value of approximately $500 million to $5 billion or more that are based in North America or Western Europe. Read more.
