Mountain Crest Acquisition IV stock and rights may be traded separately starting July 28, the SPAc said.
Stock and rights will trade on the Nasdaq under MCAF and MCAFR. Units not separated will continue to trade under MCAFU. After separation, common stock and rights may be recombined to create units.
Mountain Crest Acquisition IV intends to focus on operating businesses in North America. The SPAC raised $50 million in a June IPO. Read more.