TB SA Acquisition stock and warrants may trade separately starting May 13, the SPAC said.
Units not separated will continue to trade on the Nasdaq under TBSAU. Shares and warrants that are separated will trade under TBSA and TBSAW, respectively.
TB SA raised $200 million in a March IPO. The SPAC intends to identify a potential initial business combination with a focus on African companies that promote Environmental, Social and Governance (“ESG”) principles. Read more.
