Gesher Acquisition Corp. II (NASDAQ:GSHRW – Get Free Report) shares dropped 2.1% on Thursday . The stock traded as low as $0.24 and last traded at $0.2350. Approximately 1,100 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 13,398 shares. The stock had previously closed at $0.24.
Gesher Acquisition Corp. II Stock Up 0.0%
The company has a 50-day simple moving average of $0.24.
About Gesher Acquisition Corp. II
Gesher Acquisition Corp. II is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to identify, negotiate and complete a business combination with one or more operating businesses. As a SPAC, its principal business activity is to raise capital through public markets and use those funds to acquire or merge with a private company, providing a pathway for that company to become publicly listed.
The company’s publicly traded securities include warrants listed on the Nasdaq under the symbol GSHRW.
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