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Brookline Capital Acquisition Corp. (NASDAQ: BCACU) announced that starting February 22, 2021, investors can trade shares of its common stock and warrants separately from the 5,750,000 units sold in its IPO. The common stock will trade under the symbol "BCAC," and the warrants under "BCACW." Units not separated will continue under the symbol "BCACU." A registration statement was filed with the SEC on January 28, 2021, confirming compliance. The company is a blank check firm seeking business combinations, focusing on life science opportunities in the U.S. and Europe.
Brookline Capital Acquisition Corp. announced the pricing of its initial public offering (IPO) of 5,000,000 units at $10.00 each. Starting January 29, 2021, the units will trade on Nasdaq under the ticker symbol BCACU. Each unit comprises one share of common stock and half a redeemable warrant, exercisable at $11.50. The company focuses on potential mergers with life science firms in the U.S. and Europe. Ladenburg Thalmann & Co. acts as the sole book running manager, with a 45-day over-allotment option for underwriters to purchase an additional 750,000 units.
