SilverBox Engaged Merger Corp I (NASDAQ:SBEA – Get Free Report)’s share price rose 3% during trading on Thursday . The stock traded as high as $1.0895 and last traded at $1.04. Approximately 457,589 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 1,027,737 shares. The stock had previously closed at $1.01.
SilverBox Engaged Merger Corp I Stock Performance
The stock has a 50 day moving average price of $1.29 and a 200 day moving average price of $1.06.
SilverBox Engaged Merger Corp I Company Profile
SilverBox Engaged Merger Corp I is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker SBEA. As a blank‐check vehicle, it does not currently conduct any operations of its own; instead, it was formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
The company was sponsored by SilverBox Capital Partners, a private investment firm with a value‐oriented approach, and Engaged Capital, an activist investment manager focused on operational improvement.
Further Reading
- Five stocks we like better than SilverBox Engaged Merger Corp I
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
- MarketBeat Week in Review – 07/27- 07/31
Receive News & Ratings for SilverBox Engaged Merger Corp I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SilverBox Engaged Merger Corp I and related companies with MarketBeat.com's FREE daily email newsletter.
