Banyan Acquisition Company’s Class A stock and warrants may be traded separately starting tomorrow, March 11, the SPAC said.
Shares and warrants that are separated will trade on the New York Stock Exchange under the symbols BYN and BYN.WS. Units not separated will continue to trade under the symbol BYN.U.
Banyan raised $241.5 million in a January IPO. The SPAC is led by CEO Keith Jaffee and Chairman, Jerry Hyman.
Banyan intends to focus its search on businesses within the foodservice industry. Read more.
