Tavia Acquisition’s (NASDAQ:TAVIU – Get Free Report) quiet period is set to expire on Monday, January 13th. Tavia Acquisition had issued 10,000,000 shares in its IPO on December 4th. The total size of the offering was $100,000,000 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 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.
Tavia Acquisition Stock Performance
Shares of TAVIU opened at $10.02 on Wednesday. Tavia Acquisition has a one year low of $9.99 and a one year high of $10.05.
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