Spring Valley Acquisition II shares, rights and warrants may trade separately starting today, the SPAC said. Any units not separated will continue to trade on the Nasdaq under the symbol SVIIU. Separated shares, rights and warrants will trade under the symbols SVII, SVIIR and SVIIW, respectively.
The SPAC raised $230 million in an IPO last week to target companies in the sustainability industry, including renewable energy, resource optimization, environmental services, and grid infrastructure. Read more.