Direct Selling Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants Commencing November 12, 2021

Author's Avatar
Nov 09, 2021

Direct Selling Acquisition Corp. (NYSE: DSAQ.U) (the “Company”) announced that, commencing November 12, 2021, holders of the 23,000,000 units sold in the Company’s initial public offering may elect to separately trade the shares of Class A common stock and warrants included in the units. Any units not separated will continue to trade on the New York Stock Exchange (the “NYSE”) under the symbol “DSAQ.U,” and the separated shares of Class A common stock and warrants are expected to trade on the NYSE under the symbols “DSAQ” and “DSAQ.WS,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Unitholders 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.