RRE Ventures Acquisition Corp. Units’ Quiet Period To End on June 9th (NASDAQ:RREVU)

RRE Ventures Acquisition Corp. Units’ (NASDAQ:RREVUGet Free Report) quiet period will end on Tuesday, June 9th. RRE Ventures Acquisition Corp. Units had issued 25,000,000 shares in its public offering on April 30th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. During the company’s quiet period, underwriters and any insiders involved in 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, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

RRE Ventures Acquisition Corp. Units Stock Performance

NASDAQ:RREVU opened at $10.01 on Tuesday. RRE Ventures Acquisition Corp. Units has a 1-year low of $9.96 and a 1-year high of $10.10.

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