Shares of Sports Ventures Acquisition Corp. (OTCMKTS:AKICU – Get Free Report) dropped 0.1% during trading on Tuesday . The stock traded as low as $9.96 and last traded at $10.10. Approximately 200 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 9,086 shares. The stock had previously closed at $10.11.
Sports Ventures Acquisition Stock Down 0.1%
The firm’s 50 day simple moving average is $10.10 and its 200 day simple moving average is $10.10.
About Sports Ventures Acquisition
Sports Ventures Acquisition (OTCMKTS:AKICU) is a special purpose acquisition company formed to pursue mergers, capital stock exchanges, asset acquisitions, stock purchases or other business combinations with companies operating in the sports, sports media and entertainment sectors. As a blank-check vehicle, the company does not generate operating revenues of its own and is focused on identifying and completing a business combination within the timeframe established by its governing charter.
Since its incorporation, Sports Ventures Acquisition has reviewed a range of potential targets across professional leagues, collegiate athletics, sports technology platforms, event management and related media businesses.
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