SHUAA Partners Acquisition I Shares & Warrants to Begin Separate Trading 

Shuaa Capital

SHUAA Partners Acquisition I shares and warrants may be traded separately starting tomorrow, the SPAC said.

Shares and warrants that are separated will trade on the Nasdaq under the symbols SHUA and SHUAW. Units that are not separated will continue to trade under the symbol SHUAU. 

The SPAC’s IPO raised $100 million last month. SHUAA intends to search for a fintech target within the high-growth markets of the Middle East, North Africa, and Turkey region (collectively, “MENAT”). Read more.

Total
0
Shares
Related Posts
Altimar Acquisition
Read More

Altimar II Prices $300M IPO

The new SPAC has not identified a target sector, but in its initial SEC filing said, “we intend to focus on two characteristics as a common theme: a strong organic growth plan coupled with a compelling business model that is materially cash generative at maturity.”