Gesher Acquisition Corp. II (NASDAQ:GSHRW – Get Free Report) shares traded down 2.1% on Wednesday . The company traded as low as $0.3788 and last traded at $0.3750. Approximately 415 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 12,132 shares. The stock had previously closed at $0.3829.
Gesher Acquisition Corp. II Stock Down 11.2%
The company has a fifty day moving average price of $0.28.
Gesher Acquisition Corp. II Company Profile
Gesher Acquisition Corp. II is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to identify, negotiate and complete a business combination with one or more operating businesses. As a SPAC, its principal business activity is to raise capital through public markets and use those funds to acquire or merge with a private company, providing a pathway for that company to become publicly listed.
The company’s publicly traded securities include warrants listed on the Nasdaq under the symbol GSHRW.
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