Forum Merger III Co. (OTCMKTS:FIIIU – Get Free Report)’s stock price rose 2.9% during trading on Friday . The company traded as high as $11.40 and last traded at $11.11. Approximately 2,400 shares changed hands during trading, a decline of 82% from the average daily volume of 13,006 shares. The stock had previously closed at $10.80.
Forum Merger III Trading Up 2.9%
The business has a fifty day simple moving average of $11.11 and a 200 day simple moving average of $11.11.
About Forum Merger III
Forum Merger III Corp is a special purpose acquisition company (SPAC) incorporated in Delaware and trading on the OTC Markets under the symbol FIIIU. As a blank-check vehicle, its principal activity is raising capital through the sale of units in an initial public offering and seeking to complete a business combination with one or more operating businesses.
Upon closing its public offering, the company’s net proceeds were placed in a trust account to be used for an acquisition, subject to shareholder approval and the timeframe specified in its charter.
Featured Articles
- Five stocks we like better than Forum Merger III
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for Forum Merger III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forum Merger III and related companies with MarketBeat.com's FREE daily email newsletter.
