Shares of Crane Harbor Acquisition Corp. II (NASDAQ:CRAN – Get Free Report) rose 0.2% during trading on Thursday . The company traded as high as $10.02 and last traded at $10.0150. Approximately 117,704 shares were traded during mid-day trading, an increase of 704% from the average daily volume of 14,641 shares. The stock had previously closed at $10.00.
Crane Harbor Acquisition Corp. II Stock Performance
The business’s 50-day moving average price is $9.94.
Crane Harbor Acquisition Corp. II Company Profile
Crane Harbor Acquisition Corp. II (NASDAQ: CRAN) is a publicly traded special purpose acquisition company (SPAC), commonly known as a blank-check company. Like other SPACs, its primary business activity is to raise capital through an initial public offering with the goal of identifying and completing a business combination, merger, acquisition or other similar transaction that will result in an operating company becoming publicly listed. The company’s ordinary course involves maintaining proceeds in trust while pursuing potential targets and negotiating transaction terms.
As a SPAC, Crane Harbor Acquisition Corp.
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