Shares of D. Boral Acquisition I Corp (NASDAQ:DBCAU – Get Free Report) were up 0% on Wednesday . The stock traded as high as $10.21 and last traded at $10.2010. 2,000 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 29,676 shares. The stock had previously closed at $10.20.
D. Boral Acquisition I Trading Up 0.0%
The stock’s 50-day moving average is $10.17.
D. Boral Acquisition I Company Profile
D. Boral Acquisition I (NASDAQ: DBCAU) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, organized to raise capital in a public offering and identify one or more business combinations with operating companies. It is listed on the NASDAQ under the ticker DBCAU and, like other SPACs, was formed to provide a faster, sponsor‑driven route for a private company to become publicly listed through a merger or other business combination.
The company’s principal activities are those typical of a SPAC: sourcing and evaluating potential acquisition targets, conducting financial and legal due diligence, negotiating terms for a business combination, and managing funds raised in its IPO trust account pending completion of a qualifying transaction.
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