Decarbonization Plus Acquisition (OTCMKTS:DCRBU) Shares Up 0.5% – What’s Next?
by Teresa Graham · The Cerbat GemDecarbonization Plus Acquisition Co. (OTCMKTS:DCRBU – Get Free Report)’s stock price shot up 0.5% during mid-day trading on Thursday . The company traded as high as $11.59 and last traded at $11.15. 4,700 shares were traded during mid-day trading, a decline of 90% from the average session volume of 45,387 shares. The stock had previously closed at $11.10.
Decarbonization Plus Acquisition Price Performance
The company has a 50-day moving average price of $11.15 and a two-hundred day moving average price of $11.15.
Decarbonization Plus Acquisition Company Profile
Decarbonization Plus Acquisition (OTCMKTS: DCRBU) is a special purpose acquisition company (SPAC) formed to identify and combine with businesses operating in the decarbonization and clean energy sectors. Structured as a blank‐check vehicle, the company raises capital through units, each comprising one share of Class A common stock and one‐half of a redeemable warrant, with the express purpose of effecting a merger, asset acquisition, share purchase or similar business combination.
The SPAC’s investment focus centers on companies developing or deploying technologies and services that support the transition to a low‐carbon economy.