Inflection Point Acquisition II said its Class A ordinary shares and warrants may be traded separately starting July 17.
Any units not separated will continue to trade on the Nasdaq under the symbol IPXXU. Shares and warrants will separately trade under the symbols IPXX and IPXXW.
The SPAC raised $250 million in a May ipo. Inflection Point II intends to pursue a business combination with a North American or European business in disruptive growth sectors.
Chairman and CEO Michael Blitzer is the founder and co-CEO of Kingstown Capital Management, which he founded in 2006 and grew into a multi-billion-dollar asset manager. Read more.