ESGEN Acquisition Co. (NASDAQ:ESAC – Get Free Report)’s stock price was down 7.3% during trading on Monday . The stock traded as low as $0.6399 and last traded at $0.6399. 119,661 shares were traded during mid-day trading, an increase of 117% from the average session volume of 55,041 shares. The stock had previously closed at $0.69.
ESGEN Acquisition Stock Down 7.3%
The business has a 50 day moving average price of $0.83 and a two-hundred day moving average price of $0.91.
ESGEN Acquisition Company Profile
ESGEN Acquisition (NASDAQ: ESAC) is a Delaware‐incorporated special purpose acquisition company (SPAC) formed in 2021 to effect a business combination with one or more operating businesses. As a blank‐check vehicle, ESGEN Acquisition itself carries no commercial operations; its primary objective is to identify and merge with a target company that can benefit from public‐market access and strategic capital.
Through its initial public offering, ESGEN Acquisition raised capital by issuing units consisting of common shares and warrants.
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