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STIC - Why Northern Star Acquisition Stock Popped Today
Northern Star Acquisition Corp. Class A
Shares of Northern Star Acquisition (NYSE: STIC) popped 12.2% in 3:10 p.m. EDT trading Friday, after shareholders of the special purpose acquisition company ( SPAC ) voted to approve its acquisition of online pet products store BarkBox .
Northern Star's successful shareholder vote sets the stage for the company to proceed with its acquisition of BarkBox on June 1, and for the combined company -- by this point renamed The Original BARK Company -- to begin trading on the NYSE on June 2 under new ticker symbol BARK.