GIXXU’s (NASDAQ:GIXXU – Get Free Report) quiet period will end on Monday, March 9th. GIXXU had issued 22,000,000 shares in its initial public offering on January 27th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. 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.
GIXXU Trading Down 0.1%
GIXXU stock opened at $10.04 on Monday. GIXXU has a 12-month low of $10.03 and a 12-month high of $10.09.
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