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Warrior Technologies Acquisition Company announced that starting April 19, 2021, holders of units from its IPO can separately trade shares of Class A common stock and warrants. The Class A common stock will trade under the ticker WARR, and the warrants will trade under WARR.WS, while non-separated units will continue trading as WARR.U. This initiative follows an underwritten offering managed by Raymond James & Associates and EarlyBirdCapital. The registration statement for these securities became effective on February 25, 2021.
Warrior Technologies Acquisition Company has successfully closed its upsized initial public offering (IPO) of 27,600,000 units, raising $276 million at a price of $10.00 per unit. The units began trading on the NYSE under the ticker symbol WARR.U on February 26, 2021. Each unit comprises one share of Class A common stock and half a warrant, each full warrant allowing the purchase of a share at $11.50. The company aims to focus on mergers in the environmental services sector with an emphasis on ESG practices.