Parabellum Acquisition shars and warrants may trade separately beginning Oct. 26, the SPAC said.
Shares of Class A common stock and warrants that are separated will trade on the NYSE under PRBM and PRBM.WS.
Parabellum intends to focus on businesses with an enterprise value of $300 million to $1 billion that have unique technologies and business models, and are actively engaged in the Internet of Things. The SPAC raised $143.75 million in an IPO earlier this month. Read more.