RF Acquisition stock, rights and warrants may be traded separately starting Wednesday, the SPAC said.
Units not separated will continue to trade on the Nasdaq under the symbol RFACU. Separated Class A common stock, rights, and warrants are expected to trade under the symbols RFAC, RFACR and RFACW, respectively.
The SPAC last month raised $115 million, proceeds of which will be used to fund the acquisition of a company within the Southeast Asian new economy sector or elsewhere, excluding China, Hong Kong and Macau. Read more.