Africa’s Top Fiber-Optics Operator is in Talks With Betsy Cohen SPAC

Management in a statement said the SPAC's securities will be immediately eligible to trade on the OTC Markets system on June 3. Although trading, if any, will occur in the OTC market, the SPAC will remain technically listed on Nasdaq pending the expiration of all review and appeal processes.

An accounting error involving warrants that came to light in the spring forced hundreds of blank-check companies to flag financial statement mistakes at levels not seen in more than a decade, Bloomberg reports.