Broadscale Acquisition Corp. (OTCMKTS:SCLEU – Get Free Report) shot up 0.2% on Wednesday. The stock traded as high as $10.06 and last traded at $10.06. 5,200 shares were traded during trading, a decline of 30% from the average daily volume of 7,413 shares. The stock had previously closed at $10.04.
Broadscale Acquisition Stock Up 0.2%
The firm has a fifty day simple moving average of $10.06 and a 200 day simple moving average of $10.06.
Broadscale Acquisition Company Profile
Broadscale Acquisition Corp. was a special purpose acquisition company, or SPAC, formed to identify and complete a business combination with an operating company. Its securities included units trading under the symbol SCLEU, along with separately traded common stock and warrants.
The company’s stated investment focus was on businesses addressing sustainability and the transition to a lower-carbon economy. Areas of interest included clean energy, electrification, resource efficiency, sustainable food and agriculture, climate technology, and related environmental solutions.
Broadscale Acquisition was sponsored by an affiliate of Broadscale Group, an investment platform focused on sustainability and climate-related businesses.
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