ZKPU’s (NASDAQ:ZKPU – Get Free Report) quiet period will end on Wednesday, February 18th. ZKPU had issued 25,000,000 shares in its public offering on January 9th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. During ZKPU’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end 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.
ZKPU Trading Down 0.4%
Shares of ZKPU opened at $10.03 on Wednesday. ZKPU has a 1 year low of $9.97 and a 1 year high of $10.10.
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