Shares of Ackrell SPAC Partners I Co. (OTCMKTS:ACKIU – Get Free Report) dropped 0.2% during mid-day trading on Friday . The company traded as low as $10.31 and last traded at $10.36. Approximately 400 shares were traded during trading, a decline of 91% from the average daily volume of 4,697 shares. The stock had previously closed at $10.38.
Ackrell SPAC Partners I Stock Performance
The stock’s 50-day moving average price is $10.36 and its 200-day moving average price is $10.36.
About Ackrell SPAC Partners I
Ackrell SPAC Partners I is a special purpose acquisition company incorporated in Delaware with the objective of effecting a business combination through a merger, share exchange, asset acquisition or similar transaction. The company raises capital from public investors and holds those proceeds in a trust account pending the identification of a suitable target.
The SPAC is externally managed and sponsored by Ackrell Capital, an investment firm that specializes in sourcing and executing growth-oriented transactions.
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