GP-Act III Acquisition Corp. (NASDAQ:GPATU – Get Free Report) shares rose 5.9% during trading on Thursday . The company traded as high as $11.01 and last traded at $11.7390. Approximately 104 shares traded hands during trading, a decline of 82% from the average daily volume of 570 shares. The stock had previously closed at $11.09.
GP-Act III Acquisition Stock Performance
The business has a 50-day moving average of $11.02 and a two-hundred day moving average of $10.92.
GP-Act III Acquisition Company Profile
GP-Act III Acquisition Corp. (NASDAQ: GPATU) is a Cayman Islands-exempted special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
The company has no commercial operations of its own. Its management team seeks to identify and complete a business combination with a target that offers strong growth potential and strategic fit.
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