ArcLight Clean Transition II shares and warrants may be traqded separately beginning May 13, the SPAC said.
Units not separated will continue to trade on the Nasdaq under ACTDU, while Class A ordinary shares and warrants that are separated will trade under ACTD and ACTDW, respectively.
ArcLight II raised $275 million in a March IPO. The SPAC intends to pursue opportunities created by the accelerating transition toward sustainable use of energy and natural resources. Read more.