Forefront Tech Holdings Acquisition Corp Unit’s (NASDAQ:FTHAU – Get Free Report) quiet period is set to end on Tuesday, June 9th. Forefront Tech Holdings Acquisition Corp Unit had issued 10,000,000 shares in its initial public offering on April 30th. The total size of the offering was $100,000,000 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 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.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Forefront Tech Holdings Acquisition Corp Unit to a “hold” rating in a research note on Saturday, May 9th.
Get Our Latest Analysis on Forefront Tech Holdings Acquisition Corp Unit
Forefront Tech Holdings Acquisition Corp Unit Trading Down 0.6%
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