JOFF Fintech Acquisition Corp. (OTCMKTS:JOFFU – Get Free Report)’s stock price rose 0.1% during trading on Thursday . The company traded as high as $10.07 and last traded at $10.06. Approximately 17,100 shares traded hands during mid-day trading, an increase of 74% from the average daily volume of 9,815 shares. The stock had previously closed at $10.05.
JOFF Fintech Acquisition Price Performance
The stock’s 50-day simple moving average is $10.06 and its 200 day simple moving average is $10.06.
JOFF Fintech Acquisition Company Profile
Joff Fintech Acquisition Corp (OTCMKTS: JOFFU) is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more fintech businesses. Incorporated in Delaware, the company raised capital through an initial public offering and holds the proceeds in a trust account until a qualifying merger or acquisition is announced and approved by shareholders.
The company’s investment focus is on high-growth segments of the financial technology sector, including digital payments, neobanking, blockchain infrastructure, lending platforms and other software-enabled financial services.
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