ESGEN Acquisition Co. (NASDAQ:ESAC – Get Free Report) shares traded up 1% during mid-day trading on Thursday . The stock traded as high as $1.04 and last traded at $1.01. 57,866 shares changed hands during mid-day trading, an increase of 5% from the average session volume of 55,041 shares. The stock had previously closed at $1.00.
ESGEN Acquisition Stock Down 2.4%
The company’s fifty day moving average price is $1.17 and its two-hundred day moving average price is $1.61.
About ESGEN Acquisition
ESGEN Acquisition (NASDAQ: ESAC) is a Delaware‐incorporated special purpose acquisition company (SPAC) formed in 2021 to effect a business combination with one or more operating businesses. As a blank‐check vehicle, ESGEN Acquisition itself carries no commercial operations; its primary objective is to identify and merge with a target company that can benefit from public‐market access and strategic capital.
Through its initial public offering, ESGEN Acquisition raised capital by issuing units consisting of common shares and warrants.
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