GP-Act III Acquisition Corp. (NASDAQ:GPATU – Get Free Report) shares were down 0.9% on Tuesday. The company traded as low as $10.99 and last traded at $10.99. Approximately 100 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 569 shares. The stock had previously closed at $11.09.
GP-Act III Acquisition Trading Down 0.1%
The stock’s 50-day simple moving average is $11.12 and its 200 day simple moving average is $10.98.
GP-Act III Acquisition Company Profile
GP-Act III Acquisition Corp. (NASDAQ: GPATU) is a Cayman Islands-exempted special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
The company has no commercial operations of its own. Its management team seeks to identify and complete a business combination with a target that offers strong growth potential and strategic fit.
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