Vickers Vantage Corp. I (OTCMKTS:VCKAU) Shares Down 6.9% – Here’s What Happened

Vickers Vantage Corp. I (OTCMKTS:VCKAU) was down 6.9% during mid-day trading on Thursday . The stock traded as low as $8.61 and last traded at $9.60. Approximately 2,800 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 5,774 shares. The stock had previously closed at $10.31.

Vickers Vantage Corp. I Price Performance

The company’s 50-day moving average price is $9.60 and its 200-day moving average price is $9.60.

About Vickers Vantage Corp. I

As of November 10, 2022, Vickers Vantage Corp. I was acquired by Scilex Holding Company, in a reverse merger transaction. Vickers Vantage Corp. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Singapore.