The New York Stock Exchange delisted the warrants of Insight Acquisition due to abnormally low price levels, the exchange said. Trading in the SPAC’s Class A common stock — ticker symbol INAQ — and units — INAQ.U — will continue.
The SPAC has a right to a review of the decision.
Insight Acquisition raised $240 million in a September 2021 IPO with plans to focus on businesses in the FinTech or financial services industry with an enterprise value of approximately $750 million to $1.5 billion. Read more.
