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Big Cypress Acquisition Corp. announced that, starting February 9, 2021, holders of its initial public offering's 11,500,000 units can separately trade common stock and redeemable warrants. The units will continue to trade under the symbol BCYPU, while the common stock and warrants will trade under BCYP and BCYPW, respectively. Holders must contact their brokers for the separation process. Ladenburg Thalmann acted as the sole book running manager, with Brookline Capital Markets as co-manager. The SEC declared the relevant registration statement effective on January 11, 2021.
Big Cypress Acquisition Corp. completed its initial public offering, closing on January 14, 2021, with 11,500,000 units sold at $10.00 per unit. The offering garnered total gross proceeds of $115,000,000. Each unit comprises one share of common stock and one-half of a redeemable warrant. The units began trading on Nasdaq under the symbol BCYPU on January 12, 2021. Ladenburg Thalmann served as sole book running manager of the offering, with legal counsel provided by Dentons US LLP and Graubard Miller.
