CF Acquisition Corp. VI (OTCMKTS:CFVIU) Shares Up 2.1% – Here’s What Happened

CF Acquisition Corp. VI (OTCMKTS:CFVIU – Get Free Report) traded up 2.1% during trading on Friday. The company traded as high as $12.90 and last traded at $12.90. Approximately 200 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 5,145 shares. The stock had previously closed at $12.64.

CF Acquisition Corp. VI Price Performance

The company’s 50 day moving average price is $12.90 and its two-hundred day moving average price is $12.90.

CF Acquisition Corp. VI Company Profile

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CF Acquisition Corp. VI was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. The company did not conduct substantial operating activities of its own and instead held funds raised through its initial public offering while seeking a suitable merger, acquisition, or similar transaction.

The company was sponsored by an affiliate of Cantor Fitzgerald, a global financial services firm. Its units traded under the symbol CFVIU and generally consisted of a share of common stock and a fraction of a warrant, subject to the terms of the offering.

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