Sports Ventures Acquisition (OTCMKTS:AKICU) Shares Down 0.1% – Here’s What Happened

by · The Cerbat Gem

Sports Ventures Acquisition Corp. (OTCMKTS:AKICU – Get Free Report) fell 0.1% on Wednesday . The company traded as low as $9.96 and last traded at $10.10. Approximately 200 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 9,086 shares. The stock had previously closed at $10.11.

Sports Ventures Acquisition Price Performance

The firm has a 50 day moving average of $10.10 and a 200-day moving average of $10.10.

Sports Ventures Acquisition Company Profile

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Sports Ventures Acquisition (OTCMKTS:AKICU) is a special purpose acquisition company formed to pursue mergers, capital stock exchanges, asset acquisitions, stock purchases or other business combinations with companies operating in the sports, sports media and entertainment sectors. As a blank-check vehicle, the company does not generate operating revenues of its own and is focused on identifying and completing a business combination within the timeframe established by its governing charter.

Since its incorporation, Sports Ventures Acquisition has reviewed a range of potential targets across professional leagues, collegiate athletics, sports technology platforms, event management and related media businesses.

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