Roth CH Acquisition I Co. (OTCMKTS:ROCHU – Get Free Report) shares traded down 9.8% during trading on Monday . The company traded as low as $9.78 and last traded at $9.78. Approximately 201 shares traded hands during trading, a decline of 93% from the average session volume of 2,685 shares. The stock had previously closed at $10.84.
Roth CH Acquisition I Price Performance
The company has a fifty day simple moving average of $8.47 and a two-hundred day simple moving average of $8.99.
Roth CH Acquisition I Company Profile
Roth CH Acquisition I Co (OTCMKTS: ROCHU) is a Delaware-incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. As a blank check company, it does not conduct any operations of its own and holds its IPO proceeds in a trust account while searching for a suitable target.
The SPAC’s management team brings experience in investment banking, corporate finance and strategic advisory, leveraging industry relationships to identify and evaluate potential acquisition candidates.
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