A SPAC III Acquisition’s (NASDAQ:ASPCU – Get Free Report) quiet period is set to expire on Wednesday, December 18th. A SPAC III Acquisition had issued 5,500,000 shares in its IPO on November 8th. The total size of the offering was $55,000,000 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 restricted 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, the brokerages that served as underwriters will likely initiate research coverage on the company.
A SPAC III Acquisition Stock Performance
NASDAQ:ASPCU opened at $10.03 on Wednesday. A SPAC III Acquisition has a 12-month low of $9.98 and a 12-month high of $10.04.
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