BLRKU’s (NASDAQ:BLRKU – Get Free Report) quiet period is set to expire on Tuesday, January 20th. BLRKU had issued 15,000,000 shares in its initial public offering on December 11th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. During BLRKU’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
BLRKU Price Performance
Shares of NASDAQ:BLRKU opened at $10.00 on Monday. BLRKU has a 1 year low of $9.98 and a 1 year high of $10.03.
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