Keyarch Acquisition shares, warrants and rights may be traded spearately starting Thursday, the SPAC said. Any units not separated will continue to trade on the Nasdaq under the symbol KYCHU, and the separated shares, warrants and rights are expected to trade under the symbols KYCH, KYCHW and KYCHR, respectively.
Keyarch raised $115 million last month in an IPO. The SPAC intends to focus its search for a target on disruptive technology and innovative services companies in developed economies such as the U.S. and Israel, and Southeast Asia, excluding China, Hong Kong and Macau. Chairman Fang Zhang is founder, managing director, and CIO of alternative investment management firm Keywise Capital Management. Read more.
