Ackrell SPAC Partners I Co. (OTCMKTS:ACKIU – Get Free Report)’s stock price dropped 0.2% during mid-day trading on Friday. The stock traded as low as $10.31 and last traded at $10.36. Approximately 400 shares traded hands during trading, a decline of 91% from the average daily volume of 4,697 shares. The stock had previously closed at $10.38.
Ackrell SPAC Partners I Price Performance
The firm has a 50-day simple moving average of $10.36 and a two-hundred day simple moving average of $10.36.
About Ackrell SPAC Partners I
Ackrell SPAC Partners I was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. As a SPAC, it did not initially provide products or services of its own; its activities primarily involved raising capital through a public offering and evaluating potential merger, acquisition, or similar transactions.
The company pursued a business combination with Chijet Motor Company, an automotive company focused on electric and traditional vehicles and related mobility technologies.
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