Sports Ventures Acquisition (OTCMKTS:AKICU) Stock Price Down 0.1% – Here’s What Happened

Shares of Sports Ventures Acquisition Corp. (OTCMKTS:AKICU – Get Free Report) fell 0.1% on Thursday. The stock traded as low as $9.96 and last traded at $10.10. Approximately 200 shares traded hands during trading, a decline of 98% from the average session volume of 9,086 shares. The stock had previously closed at $10.11.

Sports Ventures Acquisition Trading Down 0.1%

The company has a fifty day moving average price of $10.10 and a two-hundred day moving average price of $10.10.

Sports Ventures Acquisition Company Profile

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Sports Ventures Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with a company operating in the sports, media, entertainment or related technology sectors. Unlike an operating company, it was established primarily to raise capital through a public offering and pursue a merger, acquisition or similar transaction with a private business.

The company did not report a portfolio of consumer products or ongoing commercial services of its own.

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