PowerUp Acquisition shares and warrants may trade separately starting April 11, the SPAC said.
Shares and the warrants that are separated will trade on the Nasdaq under the ticker symbols PWUP and PWUPW. Units not separated will continue to trade under the symbol PWUPU.
The company raised $287.5 million in a February IPO. PowerUp’s goal is to acquire a business within the interactive media, digital media, sports, entertainment, and/or leisure sectors. Read more.