Breeze Holdings Acquisition’s (OTCMKTS:BREZU – Get Free Report) quiet period is set to end on Monday, June 22nd. Breeze Holdings Acquisition had issued 12,500,000 shares in its IPO on May 13th. The total size of the offering was $125,000,000 based on an initial share price of $10.00. During Breeze Holdings Acquisition’s quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. 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.
Breeze Holdings Acquisition Stock Performance
OTCMKTS BREZU opened at $10.11 on Monday. The stock has a 50 day moving average price of $10.35 and a 200-day moving average price of $10.53. Breeze Holdings Acquisition has a one year low of $9.98 and a one year high of $10.16.
About Breeze Holdings Acquisition
Breeze Holdings Acquisition Corp. is a special purpose acquisition company incorporated in Delaware and headquartered in Salt Lake City, Utah. The company’s primary objective is to raise capital through an initial public offering and to identify one or more target businesses for mergers, share exchanges, asset acquisitions, stock purchases, reorganizations or similar business combinations. Breeze Holdings Acquisition currently trades on the OTC Markets under the symbol BREZU.
As a blank‐check company, Breeze Holdings Acquisition does not operate any ongoing business of its own.
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