ARC Group Securities Acquisition I (NASDAQ:FJDIU – Get Free Report) was upgraded by investment analysts at Wall Street Zen to a “hold” rating in a research report issued to clients and investors on Saturday.
ARC Group Securities Acquisition I Price Performance
Shares of ARC Group Securities Acquisition I stock opened at $9.96 on Friday. ARC Group Securities Acquisition I has a one year low of $9.95 and a one year high of $10.00.
ARC Group Securities Acquisition I Company Profile
ARC Group Securities Acquisition I is a special purpose acquisition company, or SPAC, formed to identify and complete a business combination with one or more private companies. Rather than operating a traditional commercial business, the company was established to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar transaction.
The company’s publicly traded units are listed on the Nasdaq Capital Market under the symbol FJDIU. Its principal activities are evaluating potential acquisition targets, negotiating transaction terms and seeking shareholder approval for a proposed business combination.
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