Gores Metropoulos’ Quiet Period To End on March 13th (OTCMKTS:GMHIU)

Gores Metropoulos’ (OTCMKTS:GMHIU) quiet period is set to end on Wednesday, March 13th. Gores Metropoulos had issued 37,500,000 shares in its public offering on February 1st. The total size of the offering was $375,000,000 based on an initial share price of $10.00. During Gores Metropoulos’ quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Gores Metropoulos stock opened at $10.23 on Wednesday. Gores Metropoulos has a 1 year low of $10.06 and a 1 year high of $10.30.

COPYRIGHT VIOLATION NOTICE: This piece of content was first published by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2019/03/06/gores-metropoulos-quiet-period-to-end-on-march-13th-otcmktsgmhiu.html.

About Gores Metropoulos

Gores Metropoulos, Inc is a blank check company. The company is based in Beverly Hills, California.

Read More: What is a short straddle?

Receive News & Ratings for Gores Metropoulos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gores Metropoulos and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply