Southport Acquisition shares and the warrants may be traded separately starting today, the SPAC said.
Shares and warrants that are separated will trade on the New York Stock Exchange under the symbols PORT and PORT.W. Units that are not separated will continue to trade on the NYSE under the symbol PORT.U.
The SPAC raised $200 million last month in an IPO. Southport is focused on companies engaged in the development of financial software for the mortgage and real estate space. Read more.