TortoiseEcofin Acquisition III shares and warrants may be traded separately starting today, the SPAC said.
Shares and redeemable warrants that are separated will trade on the NYSE under TRTL and TRTL WS. Those units not separated will continue to trade under TRTL.U.
TortoiseEcofin III raised $300 million in a July IPO. The SPAC intends to focus its search for a target business in the broad energy transition or sustainability arena targeting industries that provide or require innovative solutions to decarbonize in order to meet emission reduction objectives.
Former President Bill Clinton is a member of the board and owns 10 percent of the company, according to SEC filings. Read more.
