Vickers Vantage Corp. I (OTCMKTS:VCKAU) Trading Down 6.9% – Here’s Why

Vickers Vantage Corp. I (OTCMKTS:VCKAUGet Free Report)’s stock price fell 6.9% during trading on Wednesday . The company traded as low as $8.61 and last traded at $9.60. 2,800 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 5,774 shares. The stock had previously closed at $10.31.

Vickers Vantage Corp. I Price Performance

The stock’s 50 day simple moving average is $9.60 and its 200-day simple moving average is $9.60.

Vickers Vantage Corp. I Company Profile

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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.

Further Reading

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