Shares of Decarbonization Plus Acquisition Co. (OTCMKTS:DCRBU – Get Free Report) traded up 0.5% during mid-day trading on Monday . The company traded as high as $11.59 and last traded at $11.15. 4,700 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 45,387 shares. The stock had previously closed at $11.10.
Decarbonization Plus Acquisition Stock Performance
The firm’s fifty day moving average price is $11.15 and its 200 day moving average price is $11.15.
Decarbonization Plus Acquisition Company Profile
Decarbonization Plus Acquisition (OTCMKTS: DCRBU) is a special purpose acquisition company (SPAC) formed to identify and combine with businesses operating in the decarbonization and clean energy sectors. Structured as a blank‐check vehicle, the company raises capital through units, each comprising one share of Class A common stock and one‐half of a redeemable warrant, with the express purpose of effecting a merger, asset acquisition, share purchase or similar business combination.
The SPAC’s investment focus centers on companies developing or deploying technologies and services that support the transition to a low‐carbon economy.
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