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

Alpha Capital Acquisition’s (OTCMKTS:ASPCU) quiet period is set to expire on Wednesday, December 18th. Alpha Capital Acquisition had issued 5,500,000 shares in its initial public offering 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, 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, the brokerages that served as underwriters will likely initiate research coverage on the company.

Alpha Capital Acquisition Stock Performance

ASPCU opened at $10.03 on Wednesday. Alpha Capital Acquisition has a one year low of $9.98 and a one year high of $10.04. The business’s fifty day moving average is $8.45 and its two-hundred day moving average is $7.60.

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.