The New York Stock Exchange announced today that it will delist the warrants of Sandbridge X2. Trading in the company’s warrants was suspended immediately. Trading in the SPAc’s stock — ticker symbol SBII — and units — SBII.U — will continue.
NYSE Regulation has determined that the SPAC’s warrants are no longer suitable for listing based on “abnormally low” price levels.
Sandbridge X2 in August 2021 was reportedly in deal talks with Hydrow, a maker of rowing machines, although no formal announcement was ever made. Read more.
