Digital Health Acquisition Corp. (NASDAQ:DHAC – Get Free Report)’s share price was up 34.5% during trading on Thursday . The stock traded as high as $0.2441 and last traded at $0.2246. Approximately 39,087,955 shares traded hands during trading, an increase of 97,097% from the average daily volume of 40,215 shares. The stock had previously closed at $0.1670.
Digital Health Acquisition Trading Up 4.0%
The firm’s 50-day simple moving average is $0.21 and its 200 day simple moving average is $0.37.
About Digital Health Acquisition
Digital Health Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify, acquire and merge with one or more businesses in the digital health, healthcare IT and life sciences technology sectors. Founded in 2021, the company raised capital through an initial public offering on the Nasdaq under the ticker DHAC. As a blank-check vehicle, Digital Health Acquisition seeks to leverage public markets to provide private companies in its target industries with growth capital and scale.
The company does not operate commercial products or services of its own, but rather sponsors a trust fund of cash proceeds that will be used to complete a business combination.
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