10X Capital Venture Acquisition (OTCMKTS:VCVCU) Shares Up 1.4% – Time to Buy?

10X Capital Venture Acquisition Corp (OTCMKTS:VCVCU – Get Free Report) shares were up 1.4% on Thursday. The company traded as high as $11.15 and last traded at $11.15. 4,300 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 83,573 shares. The stock had previously closed at $11.00.

10X Capital Venture Acquisition Trading Up 1.4%

The firm’s fifty day moving average is $11.15 and its 200 day moving average is $11.15.

About 10X Capital Venture Acquisition

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10X Capital Venture Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with a company in the technology, media, telecommunications, or related sectors. As a blank-check company, it did not conduct significant operating activities or offer products and services of its own before completing a transaction.

The company was sponsored by 10X Capital, an investment firm led by Hans Thomas. Its securities included units traded under the symbol VCVCU, with each unit generally consisting of a share of common stock and a warrant.

In 2021, 10X Capital Venture Acquisition Corp.

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