OmniLit Acquisition stock and warrants may be traded separately beginning Jan. 24, the SPAC said. Units not separated will continue to trade on the Nasdaq under OLITU. Stock and warrants that are separated will trade under OLIT and OLITW.
The SPAC raised $143.75 million in a November IPO. OmniLit Acquisition intends to identify high quality businesses in the advanced manufacturing industry, with a particular focus on optics and photonics products, services, and end-markets. Read more.