SAAQU’s (NASDAQ:SAAQU – Get Free Report) quiet period will expire on Monday, March 9th. SAAQU had issued 20,000,000 shares in its public offering on January 28th. 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 that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
SAAQU Trading Down 0.3%
Shares of NASDAQ SAAQU opened at $10.15 on Monday. SAAQU has a 1-year low of $10.10 and a 1-year high of $10.28.
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