Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU – Get Free Report)’s stock price was down 0.6% during mid-day trading on Friday . The stock traded as low as $10.73 and last traded at $10.6660. Approximately 271 shares changed hands during trading, a decline of 95% from the average daily volume of 5,221 shares. The stock had previously closed at $10.73.
Axiom Intelligence Acquisition Corp 1 Trading Down 0.6%
The company has a fifty day moving average of $10.73 and a two-hundred day moving average of $10.58.
Institutional Trading of Axiom Intelligence Acquisition Corp 1
A hedge fund recently raised its stake in Axiom Intelligence Acquisition Corp 1 stock. OMERS ADMINISTRATION Corp boosted its holdings in Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU – Free Report) by 9.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 193,484 shares of the company’s stock after buying an additional 16,081 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Axiom Intelligence Acquisition Corp 1 were worth $1,989,000 at the end of the most recent reporting period.
Axiom Intelligence Acquisition Corp 1 Company Profile
Axiom Intelligence Acquisition Corp 1 (NASDAQ: AXINU) is a special purpose acquisition company (SPAC) listed on the Nasdaq that was formed to raise capital through an initial public offering for the purpose of effecting a merger, amalgamation, or other business combination with one or more operating companies. As a blank‑check vehicle, the company itself does not produce goods or services; its principal business activity is to identify, negotiate and complete a qualifying business combination that will result in a publicly traded operating company.
Like other SPACs, Axiom Intelligence Acquisition Corp 1 holds the proceeds of its IPO in a trust account while it evaluates potential targets.
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