CF Acquisition Corp. VI (OTCMKTS:CFVIU) Shares Up 2.1% – Here’s What Happened

CF Acquisition Corp. VI (OTCMKTS:CFVIU – Get Free Report) shot up 2.1% on Friday. The stock traded as high as $12.90 and last traded at $12.90. Approximately 200 shares changed hands during trading, a decline of 96% from the average session volume of 5,145 shares. The stock had previously closed at $12.64.

CF Acquisition Corp. VI Stock Up 2.1%

The company has a 50 day moving average of $12.90 and a two-hundred day moving average of $12.90.

About CF Acquisition Corp. VI

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CF Acquisition Corp. VI was a special purpose acquisition company (SPAC) formed to identify and combine with a business in a merger, stock purchase or similar transaction. As a blank-check company, it did not conduct significant operating activities or offer products and services of its own before completing a business combination.

The company was sponsored by an affiliate of Cantor Fitzgerald and pursued a transaction with Rumble Inc, a video-sharing and livestreaming platform. Rumble provides user-generated video hosting, livestreaming, and related technology and advertising services to creators, viewers and organizations, with a focus on supporting a broad range of viewpoints.

CF Acquisition Corp.

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