Powered Brands operates as a blank check company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.
Powered Brands (Nasdaq: POWRU) (the "Company") announced today that separate trading of its common stock and warrants underlying the Company’s units would commence on or about March 3, 2021. The common stock and warrants will trade under the symbols "POW" and "POWRW", respectively. Units not separated will continue to be listed on Nasdaq Stock Market LLC under the symbol "POWRU."