Broad Capital Acquisition shares and rights may trade separately starting tomorrow, the SPAC said.
Shares and rights that are separated will trade on the Nasdaq under the symbols BRAC and BRACR. Units not separated will continue to trade under the symbol BRACU.
Broad Capital raised $100 million last month in an IPO. The new SPAC plans to target tech companies engaged in AI, machine learning, electric and hybrid propulsion, advanced materials and manufacturing technologies, control systems, advanced telecommunications, autonomous flight operations, networked satellite systems as well as other evolving technologies. Read more.
