Churchill Capital Corp XII Units’ (NASDAQ:CXIIU – Get Free Report) quiet period is set to expire on Monday, June 8th. Churchill Capital Corp XII Units had issued 36,000,000 shares in its public offering on April 28th. The total size of the offering was $360,000,000 based on an initial share price of $10.00. During Churchill Capital Corp XII Units’ quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. 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 shares of Churchill Capital Corp XII Units to a “hold” rating in a research report on Saturday, May 2nd.
Check Out Our Latest Analysis on CXIIU
Churchill Capital Corp XII Units Price Performance
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