GP-Act III Acquisition Corp. (NASDAQ:GPATU – Get Free Report) shares shot up 0.3% during trading on Thursday . The company traded as high as $11.19 and last traded at $11.01. 2 shares traded hands during trading, a decline of 100% from the average session volume of 656 shares. The stock had previously closed at $10.98.
GP-Act III Acquisition Stock Performance
The company’s 50 day simple moving average is $10.95 and its 200 day simple moving average is $10.86.
About GP-Act III Acquisition
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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