Blue World Acquisition shareholders may separately trade Class A ordinary shares, warrants, and rights starting March 16, the SPAC said.
Units not separated will continue to trade on the Nasdaq under the symbol BWAQU. Shares, warrants and rights that are separated will trade under the symbols BWAQ, BWAQW and BWAQR.
The SPAC raised $92 million in an IPO last month. Blue World will pursue an acquisition in the marine leisure, cruise, marine infrastructure and engineering, general hospitality, travel and tourism, marine services, logistics and supply chain, offshore energy solutions and related industry segments. Read more.
