AlphaVest Acquisition shares and rights may be traded separately starting Jan. 25, the SPAC said.
Any units not separated will continue to trade on the Nasdaq under the symbol “ATMVU,” while the separated shares and rights are expected to list under the symbols “ATMV” and “ATMVR,” respectively.
The SPAC raised $60 million in a December IPO. AlphaVest is broadly focused on companies in asia, excluding companies with China operations consolidated through a VIE structure. Read more.
Source: AlphaVest Acquisition Shares and Rights May Soon Trade Separately