Shares of Cal Redwood Acquisition Corp. (NASDAQ:CRAQR – Get Free Report) rose 13.6% during mid-day trading on Thursday . The company traded as high as $0.25 and last traded at $0.25. Approximately 50,000 shares traded hands during trading, an increase of 160% from the average daily volume of 19,239 shares. The stock had previously closed at $0.22.
Cal Redwood Acquisition Stock Performance
About Cal Redwood Acquisition
We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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