Bull Horn (OTCMKTS:BHSEU) Stock Price Up 35% – Here’s Why

Bull Horn Holdings Corp. (OTCMKTS:BHSEU)’s stock price shot up 35% on Thursday. The stock traded as high as $18.15 and last traded at $12.96. 5,700 shares were traded during mid-day trading, an increase of 105% from the average daily volume of 2,777 shares. The stock had previously closed at $9.60.

Bull Horn Price Performance

The stock has a 50-day simple moving average of $12.96 and a 200-day simple moving average of $12.96.

Bull Horn Company Profile

Bull Horn Holdings Corp. was a special purpose acquisition company formed to identify and complete a merger, business combination, or similar transaction with an operating business. Its securities included units traded under the symbol BHSEU, with each unit consisting of a share of common stock and a warrant.

The company did not operate a traditional commercial business or offer its own products and services before completing a business combination. Its activities primarily involved raising capital through an initial public offering, evaluating potential acquisition targets, and seeking shareholder approval for a proposed transaction.

Bull Horn Holdings entered into a business combination with Coeptis Therapeutics, a biotechnology company focused on developing cell therapy platforms and related cancer-treatment technologies.