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Spindletop Health Acquisition Corp. (NASDAQ:SHCAU) announced that starting December 27, 2021, holders of its units can trade Class A common stock and warrants separately. The Class A common stock will trade under the symbol SHCA, while warrants will trade under SHCAW. Units that remain unseparated will continue to trade as SHCAU. The registration statement for these transactions was effective as of November 3, 2021. This announcement does not constitute an offer to sell securities outside legal jurisdictions. Interested parties can access the prospectus via the SEC website or contact designated firms for further information.
Spindletop Health Acquisition Corp successfully closed its initial public offering (IPO) on November 8, 2021, raising $230 million. The IPO consisted of 23 million units priced at $10.00 each, including 3 million units from the underwriters' over-allotment option. Each unit includes one share of Class A common stock and a half warrant, with warrants exercisable at $11.50 per share. The units began trading on NASDAQ under the symbol SHCAU on November 4, 2021.
