Vickers Vantage Corp. I (OTCMKTS:VCKAU – Get Free Report) dropped 6.9% on Friday. The company traded as low as $8.61 and last traded at $9.60. Approximately 2,800 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 5,774 shares. The stock had previously closed at $10.31.
Vickers Vantage Corp. I Price Performance
The company has a 50-day moving average price of $9.60 and a 200-day moving average price of $9.60.
About Vickers Vantage Corp. I
Vickers Vantage Corp. I was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. As a blank-check company, it did not have significant operating activities, products or services of its own before completing a transaction.
The company focused on seeking a target business in sectors and geographies that could benefit from the experience and network of its sponsor, Vickers Venture Partners. Its securities included units traded under the symbol VCKAU, with each unit generally consisting of a share and a fraction of a warrant, subject to the terms of its offering.
Vickers Vantage Corp.
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