Decarbonization Plus Acquisition III stock and warrants may be traded separately starting today, the SPAC said.
Shares of Class A common stock and warrants that are separated will trade on the Nasdaq under DCRC and DCRCW, respectively. Units not separated will continue to trade under DCRCU.
The SPAC raised $350 million in a March IPO. Sponsored by an affiliate of Riverstone Investment Group, the renewables-focused SPAC plans to target a business in the energy and agriculture, industrials, transportation and commercial and residential sectors. Read more.