CF Acquisition Corp. VI (OTCMKTS:CFVIU) Shares Up 2.1% – Here’s Why

CF Acquisition Corp. VI (OTCMKTS:CFVIU) shares shot up 2.1% during mid-day trading on Friday . The company traded as high as $12.90 and last traded at $12.90. 200 shares were traded during mid-day trading, a decline of 96% from the average session volume of 5,145 shares. The stock had previously closed at $12.64.

CF Acquisition Corp. VI Stock Up 2.1%

The company has a 50-day simple moving average of $12.90 and a 200 day simple moving average of $12.90.

About CF Acquisition Corp. VI

CF Acquisition Corp. VI is a special purpose acquisition company (SPAC) incorporated in Delaware and trading on the OTC Markets under the symbol CFVIU. As a blank‐check vehicle, the company was formed with the sole purpose of identifying, acquiring, or merging with one or more businesses in sectors that may include technology, financial services, healthcare, or other high–growth industries. It does not currently conduct any commercial operations of its own, but instead holds the proceeds from its initial public offering in a trust account pending completion of a qualifying business combination.

The company’s strategy centers on leveraging its management team’s expertise and Cantor Fitzgerald & Co’s global network to source and execute a transaction that delivers long‐term value to shareholders.