QDRO Acquisition (NASDAQ:QADRU) Stock Rating Upgraded by Wall Street Zen

QDRO Acquisition (NASDAQ:QADRU) was upgraded by Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

QDRO Acquisition Stock Up 0.1%

NASDAQ QADRU opened at $9.91 on Friday. QDRO Acquisition has a 12 month low of $9.88 and a 12 month high of $9.94.

About QDRO Acquisition

QDRO Acquisition (NASDAQ: QADRU) is a special-purpose acquisition company, commonly known as a blank check company, formed to raise capital through a public offering with the objective of effecting a merger, share exchange, asset acquisition, reorganization or similar business combination. Its primary business activity is to identify and consummate a transaction that will result in a combined operating company; until a business combination is completed, the company’s activities are typically limited to organizational matters, selecting targets and managing the proceeds of its offering.

Like other vehicles of its type, QDRO Acquisition raises capital by issuing units in a public market offering and holds the proceeds in a trust account pending completion of a qualifying business combination.