Sierra Lake Acquisition shares and warrants may be traded separately starting Nov. 5.
Shares and warrants that are separated will trade on the Nasdaq under SIER and SIERW. Units not separated will continue to trade under SIERU.
Sierra Lake raised $300M in a September IPO. The new SPAC has not specified sectors it will target for a business combination, but will focus on opportunities that it said can draw upon the management team’s strengths. Read more.