Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU – Get Free Report) shares shot up 0% on Wednesday. The stock traded as high as $10.45 and last traded at $10.4510. 2,803 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 8,484 shares. The stock had previously closed at $10.45.
Cohen Circle Acquisition Corp. II Stock Performance
The company’s 50 day simple moving average is $10.49 and its 200 day simple moving average is $10.46.
Cohen Circle Acquisition Corp. II Company Profile
Cohen Circle Acquisition Corp. II is a special purpose acquisition company, or SPAC. It was formed to combine with an existing business through a merger, share exchange, asset acquisition, stock purchase, reorganization or similar transaction. It does not operate a separate commercial business or offer products and services to customers.
The company has indicated an interest in pursuing a business combination in the financial technology and financial services sectors, while retaining flexibility to consider other industries.
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