Forum Merger III Co. (OTCMKTS:FIIIU – Get Free Report) shares rose 2.9% on Thursday . The company traded as high as $11.40 and last traded at $11.11. Approximately 2,400 shares traded hands during trading, a decline of 82% from the average session volume of 13,006 shares. The stock had previously closed at $10.80.
Forum Merger III Stock Up 2.9%
The firm’s fifty day moving average is $11.11 and its two-hundred day moving average is $11.11.
Forum Merger III Company Profile
Forum Merger III Corp is a special purpose acquisition company (SPAC) incorporated in Delaware and trading on the OTC Markets under the symbol FIIIU. As a blank-check vehicle, its principal activity is raising capital through the sale of units in an initial public offering and seeking to complete a business combination with one or more operating businesses.
Upon closing its public offering, the company’s net proceeds were placed in a trust account to be used for an acquisition, subject to shareholder approval and the timeframe specified in its charter.
Featured Stories
- Five stocks we like better than Forum Merger III
- 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
- Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?
- Flash in the Pan or Sustained Rally Contender? 3 Momentum Stocks to Watch
- MarketBeat Week in Review – 08/17 – 08/21
Receive News & Ratings for Forum Merger III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forum Merger III and related companies with MarketBeat.com's FREE daily email newsletter.
