GP-Act III Acquisition Corp. (NASDAQ:GPATU – Get Free Report) shares were up 5.9% on Thursday . The company traded as high as $11.01 and last traded at $11.7390. 104 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 570 shares. The stock had previously closed at $11.09.
GP-Act III Acquisition Trading Up 5.9%
The company’s 50 day moving average price is $11.01 and its 200-day moving average price is $10.91.
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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