Voyager Acquisition Corp Unit (NASDAQ:VACHU) Shares Down 3.1% – What’s Next?

Voyager Acquisition Corp Unit (NASDAQ:VACHU) shares traded down 3.1% on Thursday . The company traded as low as $12.12 and last traded at $12.40. 700 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 1,384 shares. The stock had previously closed at $12.80.

Voyager Acquisition Corp Unit Price Performance

The stock’s 50-day simple moving average is $11.54 and its two-hundred day simple moving average is $11.02.

Hedge Funds Weigh In On Voyager Acquisition Corp Unit

An institutional investor recently bought a new position in Voyager Acquisition Corp Unit stock. Clear Street Group Inc. bought a new position in Voyager Acquisition Corp Unit (NASDAQ:VACHU) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,918 shares of the company’s stock, valued at approximately $115,000.

Voyager Acquisition Corp Unit Company Profile

Voyager Acquisition Corp Unit (NASDAQ: VACHU) is a special purpose acquisition company, or SPAC, organized as a Delaware corporation. The company’s primary objective is to raise capital through an initial public offering and to use those proceeds to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses. As a blank-check company, Voyager Acquisition Corp does not conduct any operations until it identifies and completes its initial business combination.

Each unit of Voyager Acquisition Corp consists of one share of common stock and one-third of a warrant, with each whole warrant entitling the holder to purchase one share of common stock at a specified exercise price.