TMT Acquisition said its shares and rights may be traded separately starting Monday.
Units not separated will continue to trade on the Nasdaq under the symbol TMTCU. Separated shares and rights are expected to trade under the symbols TMTC and TMTCR.
The SPAC closed a $60 million ipo at the end of March. TMT has not cited any specific sectors it may target, but will not do a deal with companies based in china, hong kong or Macau. Read more.
Source: TMT Acquisition Shares and Rights May Trade Separately Starting May 1