Welcome to our dedicated page for SPAQ.WS news (Ticker: SPAQ.WS), a resource for investors and traders seeking the latest updates and insights on SPAQ.WS stock.
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Spartan Acquisition Corp. III (NYSE: SPAQ) received a notice from the NYSE regarding non-compliance with listing standards due to a delayed filing of its Q1 2021 Form 10-Q. The company has six months from May 24, 2021, to comply by submitting the report. This delay stems from a reevaluation of accounting treatment for its warrants in light of SEC guidance, which classified the warrants as liabilities. Spartan aims to file the necessary report before June 4, 2021, and remains focused on identifying opportunities in the North American energy market.
Spartan Acquisition Corp. III (NYSE: SPAQ.U) announced that starting April 1, 2021, holders of units from its IPO can separately trade Class A common stock and warrants. The stock will trade under the symbol 'SPAQ,' while warrants will trade as 'SPAQ.WS.' Units that are not separated will continue to trade under 'SPAQ.U.' This change allows investors greater flexibility in their trading. Spartan Acquisition's focus is on identifying business combinations in the North American energy value chain, particularly those aligned with sustainability and energy transition themes.
