Ares Acquisition II shares and warrants may be traded separately, effective today, the SPAC said.

Units not separated will continue to trade on the NYSE under the symbol AACT.U. Shares and warrants that are separated will trade under the symbols AACT and AACT WS.

Ares II raised $500 million in an April ipo to focus on companies in North America, europe or Asia. Read more.

Source: Ares Acquisition II Shares & Warrants May Now Trade Separately