Alpha Capital Acquisition’s (OTCMKTS:ASPCU) Quiet Period Set To Expire on December 18th

Alpha Capital Acquisition’s (OTCMKTS:ASPCU) quiet period is set to end on Wednesday, December 18th. Alpha Capital 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 research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Alpha Capital Acquisition Stock Performance

Shares of OTCMKTS:ASPCU opened at $10.03 on Wednesday. The company’s fifty day moving average price is $8.45 and its 200 day moving average price is $7.60. Alpha Capital Acquisition has a 12 month low of $9.98 and a 12 month high of $10.04.

Alpha Capital Acquisition Company Profile

Alpha Capital Acquisition Company does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in technology sector. The company was incorporated in 2020 and is based in New York, New York.