Duddell Street Acquisition Corp. (OTCMKTS:DSACU – Get Free Report)’s stock price rose 0.3% on Tuesday . The company traded as high as $10.13 and last traded at $10.13. 5,000 shares traded hands during trading, a decline of 81% from the average session volume of 27,023 shares. The stock had previously closed at $10.10.
Duddell Street Acquisition Price Performance
The firm’s 50-day moving average price is $10.06 and its 200-day moving average price is $10.04.
Duddell Street Acquisition Company Profile
Duddell Street Acquisition Corp (OTCMKTS: DSACU) is a Cayman Islands–incorporated special purpose acquisition company formed in November 2020. As a blank check vehicle, it raises capital through an initial public offering and holds proceeds in a secure trust account until it completes a qualifying business combination. The company’s units, each comprised of one share of common stock and a fraction of a warrant, trade on the OTC market under the ticker DSACU.
The primary objective of Duddell Street Acquisition is to identify and merge with one or more target businesses, with a particular emphasis on high-growth sectors across Asia.
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