One Equity Partners Open Water I Corp. (OTCMKTS:OEPWU – Get Free Report) dropped 0.2% during trading on Friday. The company traded as low as $10.04 and last traded at $10.05. Approximately 16,300 shares traded hands during mid-day trading, an increase of 56% from the average session volume of 10,465 shares. The stock had previously closed at $10.07.
One Equity Partners Open Water I Price Performance
The firm’s fifty day moving average price is $10.05 and its 200 day moving average price is $10.05.
One Equity Partners Open Water I Company Profile
One Equity Partners Open Water I is a special purpose acquisition company (SPAC) associated with One Equity Partners. The company was formed to identify and complete a business combination, such as a merger, acquisition or similar transaction, with an operating business.
Unlike an operating company, One Equity Partners Open Water I does not appear to have a standalone portfolio of products or services. Its principal activities are generally related to evaluating potential acquisition targets, completing a business combination and managing related corporate and regulatory requirements.
The company’s OTC Markets symbol, OEPWU, represents its publicly traded units.
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