YHN Acquisition I Limited (NASDAQ:YHNAU – Get Free Report)’s stock price shot up 14.5% on Friday. The stock traded as high as $16.22 and last traded at $12.49. Approximately 12,118 shares changed hands during trading, an increase of 840% from the average session volume of 1,289 shares. The stock had previously closed at $10.91.
YHN Acquisition I Stock Up 14.5%
The company has a 50-day simple moving average of $10.88 and a 200 day simple moving average of $10.75.
YHN Acquisition I Company Profile
YHN Acquisition I Corp. is a special purpose acquisition company (SPAC) whose units trade on the Nasdaq Capital Market under the symbol YHNAU. The company was formed to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more operating businesses.
As a SPAC, YHN Acquisition I does not have a significant operating business, products or services of its own. Its principal activities are evaluating potential acquisition targets and completing an initial business combination.
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