Shares of Columbus Circle Capital Corp II (NASDAQ:CMIIU – Get Free Report) were up 3.7% on Friday . The company traded as high as $10.60 and last traded at $10.5690. 2,805 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 22,179 shares. The stock had previously closed at $10.19.
Columbus Circle Capital Corp II Stock Up 3.7%
The company has a 50-day simple moving average of $10.08.
About Columbus Circle Capital Corp II
Columbus Circle Capital Corp II (NASDAQ: CMIIU) is a publicly traded special purpose acquisition company (SPAC), commonly referred to as a blank‑check company. Like other SPACs, it was formed to raise capital from public investors through an offering and to use those proceeds to identify and complete a business combination with one or more operating companies. The vehicle provides investors with an opportunity to participate in a transaction that takes a private company public through a merger or other business combination rather than a traditional IPO process.
The company’s primary business activity is sourcing, evaluating and executing a qualifying business combination.
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