---
title: "BUZZ-Low-float SPAC Aurora Technology Acquisition rallies over 100%"
description: "Shares of blank-check company Aurora Technology Acquisition Corprally 128.4% premarket. Low free-float could make the stock vulnerable to outsized moves. Other SPACs like Sportsmap Tech Acquisitionand"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/104444315.md"
published_at: "2023-12-15T12:41:23.000Z"
---

# BUZZ-Low-float SPAC Aurora Technology Acquisition rallies over 100%

> Shares of blank-check company Aurora Technology Acquisition Corprally 128.4% premarket. Low free-float could make the stock vulnerable to outsized moves. Other SPACs like Sportsmap Tech Acquisitionand Brilliant Acquisitionalso saw significant gains.

\*\* Shares of blank-check company Aurora Technology Acquisition Corp (ATAK.O) rally 128.4% premarket

\*\* The highly volatile stock rose as much as over 1000% to $125 in early session before easing to $24.0

\*\* ATAK had a market cap of $112.04 mln as of Thursday close, and of the nearly 10.7 million shares outstanding, only 5.11 million are traded on free-float basis, as per LSEG data

\*\* Low free-float could make the stock vulnerable to outsized moves

\*\* Other SPACs such as Sportsmap Tech Acquisition (SMAP.O) and Brilliant Acquisition (BRLI.O) up 37% and 47%, respectively, before the bell

\*\* BRLI and SMAP trending as #6 and #14 tickers on Stocktwits, a website popular with amateur traders

### Related Stocks

- [600666.CN - AURORA](https://longbridge.com/en/quote/600666.CN.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
