Mubadala Capital’s Blue Whale Acquisition I stock and warrants may trade separately as of today, the SPAC said.
Units not separated will continue to trade on the Nasdaq under BWCAU. Shares and warrants that are separated will trade under BWC and BWCAW.
The SPAC’s sponsor is the asset management subsidiary of Mubadala Investment Company PJSC, a global sovereign investor headquartered in Abu Dhabi, with more than $243 billion AUM.
Blue Whale raised $200 million in an IPO last month, and will target one or more businesses in the media, entertainment and technology industries. Read more.