A SPAC I Acquisition announced in a regulatory filing that holders of the company’s units may separately trade the shares, warrants and rights included in the units starting today.
The ordinary shares, warrants and rights will trade on the Nasdaq under the symbols ASCA, ASCAW and ASCAR, respectively. Units not separated will continue to trade under the symbol ASCAU.
After separation, the shares, warrants and rights may be recombined to create units.
A SPAC I raised $60 million lasst month in an IPO. The new SPAC will target the technology and e-commerce industries with a focus in Asia and on companies with an enterprise value of between $250 million and $600 million, excluding any company in China. Read more.
