Epiphany Technology Acquisition (OTCMKTS:EPHYU) Trading Up 0.2% – Here’s Why

Epiphany Technology Acquisition Corp. (OTCMKTS:EPHYU) shares shot up 0.2% on Wednesday . The stock traded as high as $10.09 and last traded at $10.09. 300 shares traded hands during trading, a decline of 85% from the average session volume of 2,063 shares. The stock had previously closed at $10.07.

Epiphany Technology Acquisition Stock Up 0.2%

The business’s fifty day simple moving average is $10.09 and its 200-day simple moving average is $10.09.

Epiphany Technology Acquisition Company Profile

Epiphany Technology Acquisition (OTCMKTS:EPHYU) is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to effect a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization or similar business combination with one or more businesses. As a blank check vehicle, Epiphany Technology Acquisition does not conduct commercial operations of its own but holds trust funds while seeking an appropriate target in the technology and innovation sectors.

The company completed its IPO of units consisting of one share of Class A common stock and one‐third of a redeemable warrant, raising gross proceeds to pursue a business combination.