Ackrell SPAC Partners I (OTCMKTS:ACKIU) Trading Down 0.2% – Here’s Why

Ackrell SPAC Partners I Co. (OTCMKTS:ACKIUGet Free Report) shares were down 0.2% on Monday . The stock traded as low as $10.31 and last traded at $10.36. Approximately 400 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 4,697 shares. The stock had previously closed at $10.38.

Ackrell SPAC Partners I Trading Down 0.2%

The firm’s fifty day moving average is $10.36 and its 200-day moving average is $10.36.

Ackrell SPAC Partners I Company Profile

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Ackrell SPAC Partners I is a special purpose acquisition company incorporated in Delaware with the objective of effecting a business combination through a merger, share exchange, asset acquisition or similar transaction. The company raises capital from public investors and holds those proceeds in a trust account pending the identification of a suitable target.

The SPAC is externally managed and sponsored by Ackrell Capital, an investment firm that specializes in sourcing and executing growth-oriented transactions.

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