Cal Redwood Acquisition Corp. (NASDAQ:CRAQR – Get Free Report) shares traded down 10.6% on Thursday . The stock traded as low as $0.21 and last traded at $0.21. 2,005 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 16,998 shares. The stock had previously closed at $0.2350.
Cal Redwood Acquisition Trading Down 10.6%
The firm has a fifty day moving average price of $0.21 and a 200-day moving average price of $0.21.
About Cal Redwood Acquisition
We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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