FinServ Acquisition Corp. (OTCMKTS:FSRVU – Get Free Report) shares shot up 7.9% on Monday . The stock traded as high as $17.66 and last traded at $17.66. Approximately 100 shares changed hands during trading, a decline of 98% from the average daily volume of 4,378 shares. The stock had previously closed at $16.37.
FinServ Acquisition Trading Up 7.9%
The stock has a fifty day moving average of $17.66 and a 200-day moving average of $17.66.
About FinServ Acquisition
FinServ Acquisition Corporation is a Delaware-incorporated special purpose acquisition company (SPAC) formed to effect a business combination with one or more financial technology companies. Trading its units under the ticker FSRVU on the OTC Markets, the company was sponsored by a group of investment professionals with experience in fintech, capital markets and regulatory compliance. As a blank-check vehicle, FinServ Acquisition does not currently own any operating businesses and has not generated operating revenues.
The company’s primary objective is to identify, acquire and merge with a target in the financial services technology sector, including areas such as digital payments, lending platforms, blockchain applications and financial software solutions.
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