Gesher Acquisition Corp. II (NASDAQ:GSHRW – Get Free Report) traded down 7.8% during trading on Monday . The stock traded as low as $0.34 and last traded at $0.3410. 500 shares changed hands during trading, a decline of 96% from the average session volume of 11,828 shares. The stock had previously closed at $0.37.
Gesher Acquisition Corp. II Trading Down 16.5%
The firm’s fifty day moving average is $0.30 and its 200-day moving average is $0.27.
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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