Virgin Group Acquisition II shares and warrants may be trqaded separately starting May 143, the company said.
Units not separated will continue to trade on the NYSE under VGII.U,. Shares and warrants that are separated will trade under VGII and VGII.WS, respectively.
Led by Richard Branson, the SPAC raised $350 million in an upsized March IPO. The SPAC intends to focus on businesses that operate in one of the Virgin Group’s core sectors: travel & leisure, financial services, health & wellness, technology & internet-enabled, music & entertainment, media & mobile and renewable energy/resource efficiency.
