Yotta Acquisition Co. (NASDAQ:YOTAU – Get Free Report)’s share price traded up 21.8% during mid-day trading on Friday . The company traded as high as $13.99 and last traded at $13.99. 319 shares were traded during trading, a decline of 97% from the average daily volume of 10,525 shares. The stock had previously closed at $11.49.
Yotta Acquisition Trading Up 21.8%
The firm has a fifty day moving average price of $10.09 and a 200 day moving average price of $10.04.
About Yotta Acquisition
Yotta Acquisition Corporation is a Delaware-incorporated special purpose acquisition company (SPAC) formed in June 2021. The company’s sole purpose is to raise capital through an initial public offering and to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Upon completion of its IPO, Yotta Acquisition listed its units on the Nasdaq Capital Market under the ticker symbol “YOTAU.” The proceeds from its public offering are held in a trust account until the company identifies a suitable target business for a business combination.
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