Broadscale Acquisition Corp. (OTCMKTS:SCLEU – Get Free Report)’s share price rose 0.2% during mid-day trading on Thursday. The stock traded as high as $10.06 and last traded at $10.06. Approximately 5,200 shares traded hands during trading, a decline of 30% from the average daily volume of 7,413 shares. The stock had previously closed at $10.04.
Broadscale Acquisition Price Performance
The firm’s fifty day moving average price is $10.06 and its 200 day moving average price is $10.06.
Broadscale Acquisition Company Profile
Broadscale Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and complete a merger, stock purchase, or similar business combination with an operating company. Unlike a traditional business, it did not develop or sell products and services of its own while seeking a transaction.
The company focused on potential targets involved in sustainability, clean energy, resource efficiency, mobility, and other sectors related to the transition toward a lower-carbon economy.
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