Shepherd Ave Capital Acquisition Co. Unit’s (NASDAQ:SPHAU – Get Free Report) quiet period is set to expire on Tuesday, January 14th. Shepherd Ave Capital Acquisition Co. Unit had issued 7,500,000 shares in its IPO on December 5th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. During Shepherd Ave Capital Acquisition Co. Unit’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports 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.
Shepherd Ave Capital Acquisition Co. Unit Price Performance
Shares of NASDAQ SPHAU opened at $10.04 on Tuesday. Shepherd Ave Capital Acquisition Co. Unit has a fifty-two week low of $9.99 and a fifty-two week high of $10.04.
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