Cal Redwood Acquisition Corp. (NASDAQ:CRAQR – Get Free Report)’s stock price shot up 43.8% during trading on Wednesday . The company traded as high as $0.2412 and last traded at $0.23. 14,314 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 13,842 shares. The stock had previously closed at $0.16.
Cal Redwood Acquisition Stock Performance
The business’s 50-day moving average price is $0.19.
About Cal Redwood Acquisition
We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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