Shares of TWC Tech Holdings II Corp. (OTCMKTS:TWCTU – Get Free Report) fell 8.5% during mid-day trading on Wednesday. The stock traded as low as $9.61 and last traded at $9.61. 100 shares were traded during trading, a decline of 100% from the average session volume of 33,785 shares. The stock had previously closed at $10.50.
TWC Tech Holdings II Trading Down 8.5%
The business has a fifty day moving average price of $9.61 and a 200-day moving average price of $9.61.
TWC Tech Holdings II Company Profile
TWC Tech Holdings II is a special purpose acquisition company, or blank-check company, associated with the OTC Markets symbol TWCTU. Its primary purpose is to identify and complete a business combination, such as a merger, acquisition, or similar transaction, with an operating company.
Unlike an operating business, TWC Tech Holdings II does not appear to have established products, services, or a broad commercial customer base of its own. Its activities are focused on evaluating potential acquisition targets and pursuing a transaction that could provide a private company with access to the public markets.
Publicly available information does not provide sufficient detail about a completed business combination, operating geographies, or the company’s current leadership.
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