Berenson Acquisition I shares and warrants may be traded separately starting Thursday, the SPAC said.
Stock and warrants that are separated are expected to trade on the NYSE under BACA and BACA WS. Units not separated will continue to trade under BACA.U.
Berenson intends to focus on businesses operating in the software and technology-enabled services industry with a total enterprise value in excess of $1 billion. Navigation Capital Partners, is a member of the company’s sponsor group.
The SPAC raised $275.1 million in its IPO. Read more.
