Shares of 10X Capital Venture Acquisition Corp (OTCMKTS:VCVCU – Get Free Report) shot up 1.4% during mid-day trading on Thursday. The company traded as high as $11.15 and last traded at $11.15. 4,300 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 83,573 shares. The stock had previously closed at $11.00.
10X Capital Venture Acquisition Stock Performance
The stock has a 50-day moving average price of $11.15 and a 200 day moving average price of $11.15.
10X Capital Venture Acquisition Company Profile
10X Capital Venture Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with a business in the technology, media, telecommunications, and related sectors. Rather than operating a conventional business or selling products directly, the company raised capital through its public offering for the purpose of completing a merger, acquisition, or similar business combination.
The company was sponsored by 10X Capital, an investment platform led by Hans Thomas.
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