XSLLU’s Quiet Period To End on March 10th (NASDAQ:XSLLU)

XSLLU’s (NASDAQ:XSLLUGet Free Report) quiet period is set to end on Tuesday, March 10th. XSLLU had issued 20,000,000 shares in its public offering on January 29th. 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, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

XSLLU Price Performance

Shares of XSLLU opened at $9.90 on Thursday. XSLLU has a 52-week low of $9.89 and a 52-week high of $9.96.

Further Reading

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