Trajectory Alpha Acquisition said its shares and warrants may trade separately starting today.
Shares of Class A common stock and warrants that are separated will trade on the New York Stock Exchange under the symbols TCOA and TCOA WS. Units not separated will continue to trade under the symbol TCOA.U.
The SPAC’s objective is to identify and acquire a disruptive, technology-driven business that leverages unique intellectual property and proprietary data to develop a sustainable competitive advantage and, in turn, dislodge slower moving incumbents in the target’s selected end markets. Trajectory Alpha raised $150 million in a December IPO. Read more.