XCBEU’s (NASDAQ:XCBEU – Get Free Report) quiet period is set to expire on Monday, March 2nd. XCBEU had issued 20,000,000 shares in its IPO on January 21st. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any earnings forecasts or research reports 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.
XCBEU Stock Down 0.1%
NASDAQ:XCBEU opened at $9.98 on Monday. XCBEU has a 12 month low of $9.97 and a 12 month high of $10.05.
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