YHN Acquisition I (NASDAQ:YHNAU) Trading Down 0.7% – Here’s What Happened

YHN Acquisition I Limited (NASDAQ:YHNAUGet Free Report)’s share price fell 0.7% during mid-day trading on Wednesday . The company traded as low as $10.55 and last traded at $10.55. 3,000 shares were traded during mid-day trading, an increase of 14% from the average session volume of 2,636 shares. The stock had previously closed at $10.62.

YHN Acquisition I Price Performance

The stock’s 50-day simple moving average is $10.54 and its 200 day simple moving average is $10.50.

About YHN Acquisition I

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YHN Acquisition I Inc is a special purpose acquisition company organized as a Delaware corporation that focuses on effecting a merger, capital stock exchange, asset acquisition or similar business combination with one or more companies. Listed on the Nasdaq under the ticker YHNAU, the company raises capital through a public offering of units, each consisting of ordinary shares and warrants, and holds the net proceeds in a trust account pending the identification and completion of a qualifying transaction.

The company’s management team draws on experience in investment banking, private equity and corporate finance to source and evaluate acquisition targets across a range of industries.

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