Shares of YHN Acquisition I Limited (NASDAQ:YHNAU – Get Free Report) traded down 8.2% on Friday . The stock traded as low as $11.20 and last traded at $10.00. Approximately 14 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 883 shares. The stock had previously closed at $10.89.
YHN Acquisition I Price Performance
The stock has a 50-day simple moving average of $10.77 and a 200 day simple moving average of $10.63.
About YHN Acquisition I
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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