Future Vision II Acquisition Corp. (NASDAQ:FVNNU – Get Free Report) was up 1% during trading on Friday . The stock traded as high as $11.05 and last traded at $11.00. Approximately 1,500 shares changed hands during trading, an increase of 24% from the average daily volume of 1,205 shares. The stock had previously closed at $10.89.
Future Vision II Acquisition Stock Performance
The firm has a 50 day moving average of $10.80 and a 200 day moving average of $11.03.
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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