KRAQU’s (NASDAQ:KRAQU – Get Free Report) quiet period is set to end on Monday, March 9th. KRAQU had issued 30,000,000 shares in its IPO on January 28th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
KRAQU Trading Up 0.2%
NASDAQ KRAQU opened at $10.07 on Monday. KRAQU has a twelve month low of $10.04 and a twelve month high of $10.20.
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