ALSP Orchid Acquisition shares and warrants may be traded separately starting Monday. Units not separated will continue to trade on the Nasdaq under the symbol ALORU, and the shares and warrants that are separated will trade under ALOR and ALORW.
The SPAC raised $172.5 million in a November IPO. ALSP Orchid intends to pursue investments in North America and Singapore with an emphasis on life science companies. Read more.