10X Capital Venture Acquisition (OTCMKTS:VCVCU) Trading 1.4% Higher – Here’s Why

10X Capital Venture Acquisition Corp (OTCMKTS:VCVCU) shares traded up 1.4% during mid-day trading on Wednesday . The company traded as high as $11.15 and last traded at $11.15. 4,300 shares were traded during mid-day trading, a decline of 95% from the average session volume of 83,573 shares. The stock had previously closed at $11.00.

10X Capital Venture Acquisition Trading Up 1.4%

The business’s fifty day simple moving average is $11.15 and its two-hundred day simple moving average is $11.15.

About 10X Capital Venture Acquisition

10X Capital Venture Acquisition (OTCMKTS: VCVCU) is a special purpose acquisition company (SPAC) incorporated in Delaware, formed to pursue a merger, capital stock exchange, asset acquisition or similar business combination with one or more operating businesses. The company’s mission is to identify and partner with high‐growth enterprises in the technology, fintech and digital asset sectors, leveraging its sponsors’ deep industry connections and transaction expertise.

The SPAC was launched by 10X Capital Partners, a New York–based venture capital firm with a focus on emerging payment technologies, blockchain solutions and financial services innovation.