Banyan Acquisition Corporation (NYSE: BYN.U) (the “Company”) announced today that, commencing March 11, 2022, holders of the 24,150,000 units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A common stock and warrants included in the units. Shares of Class A common stock and warrants that are separated will trade on the New York Stock Exchange (“NYSE”) under the symbols “BYN” and “BYN.WS,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade under NYSE symbol “BYN.U.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares of Class A common stock and warrants.
Banyan Acquisition Corporation Announces the Separate Trading of its Class A Common Stock and Warrants
Mar 10, 2022
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