Alpha Star Acquisition shares, warrants and rights may be traded separately starting Jan. 18, the SPAC said.
Units not separated will continue to trade on the Global tier of the Nasdaq under the symbol ALSAU. Shares, rights and warrants that are separated will trade under the symbols ALSA, ALSAR and ALSAW, respectively.
Alpha Star raised $100 million in an IPO last month. The new SPAC will focus on acquiring a business in Asia, although the company has not specified any sectors. Read more.
