HCICU’s Quiet Period Will Expire on March 17th (NASDAQ:HCICU)

HCICU’s (NASDAQ:HCICUGet Free Report) quiet period is set to end on Tuesday, March 17th. HCICU had issued 21,000,000 shares in its public offering on February 5th. The total size of the offering was $210,000,000 based on an initial share price of $10.00. During HCICU’s quiet period, insiders and underwriters that worked on the IPO are prevented 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, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded HCICU to a “hold” rating in a research report on Monday, February 16th.

Read Our Latest Stock Analysis on HCICU

HCICU Price Performance

Shares of NASDAQ:HCICU opened at $10.01 on Tuesday. HCICU has a 12-month low of $9.98 and a 12-month high of $10.05.

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