Revolution Acceleration Acquisition Corp (OTCMKTS:RAACU – Get Free Report) shares rose 5.5% on Thursday . The stock traded as high as $9.99 and last traded at $9.91. Approximately 1,300 shares changed hands during trading, a decline of 99% from the average session volume of 102,092 shares. The stock had previously closed at $9.39.
Revolution Acceleration Acquisition Trading Up 5.5%
The business has a 50-day moving average price of $9.91 and a 200-day moving average price of $9.91.
Revolution Acceleration Acquisition Company Profile
Revolution Acceleration Acquisition Corporation (OTCMKTS:RAACU) is a special purpose acquisition company (SPAC) incorporated in Delaware. The company was established to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a focus on growth-oriented companies.
In October 2021, RAACU completed its initial public offering and deposited the net proceeds into a trust account pending the completion of a qualifying business combination.
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