Berenson Acquisition I in an 8-K today said its warrants now trade OTC after the instruments were delisted from the NYSE due to abnormally low price levels. Trading in the company’s Class A common stock and units will continue on the NYSE.
Berenson cancelled the shareholders meeting that had been scheduled this week for a vote on a deadline extension. That vote had been postponed in December and again in January. The latest announcement made no mention of what the SPAC’s next move will be.
The SPAC raised $275 million in an October 2021 IPO with plans to focus on businesses operating in the software and technology-enabled services industry. Read more.
