Future Vision II Acquisition Corp. (NASDAQ:FVNNU – Get Free Report)’s stock price was down 0.8% on Friday . The company traded as low as $10.67 and last traded at $10.67. 997 shares traded hands during trading, a decline of 45% from the average session volume of 1,828 shares. The stock had previously closed at $10.76.
Future Vision II Acquisition Stock Performance
The company has a 50 day simple moving average of $10.98 and a 200 day simple moving average of $11.10.
About Future Vision II Acquisition
Future Vision II Acquisition Corp is a Delaware-incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and pursue mergers, capital stock exchanges, asset acquisitions or other business combinations. The company’s units trade on the Nasdaq under the ticker FVNNU, with each unit consisting of one share of common stock and a fraction of a warrant. Upon completion of its IPO, proceeds from the offering were placed in a trust account, pending approval by shareholders for a proposed business combination.
As a blank check entity, Future Vision II does not conduct any commercial operations of its own.
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