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Grab to make Nasdaq debut on Dec 2

Khairani Afifi Noordin
Khairani Afifi Noordin12/1/2021 8:9 AM GMT+08  • 1 min read
Grab to make Nasdaq debut on Dec 2
Grab's Class A common stock is expected to begin trading on Thursday under the ticker symbol "GRAB."
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Tech unicorn Grab is slated to make its Nasdaq debut on Dec 2 as the special purpose acquisition company (SPAC) it plans to merge with, Altimeter Growth Corp (AGC), has received shareholders’ approval for the transaction.

Following the close of the business combination, Grab's Class A common stock is expected to begin trading on Thursday under the ticker symbol "GRAB."

Shareholder redemptions were effectively 0%, at 0.02%. Complete official results of the vote and shareholder redemption will be included in a Current Report on Form 8-K to be filed by AGC with the Securities and Exchange Commission, the company said in a statement.

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