Anteris Technologies Global Corp’s Quiet Period Set To End on January 22nd (NASDAQ:AVR)

Anteris Technologies Global’s (NASDAQ:AVR) quiet period is set to expire on Wednesday, January 22nd. Anteris Technologies Global had issued 14,800,000 shares in its public offering on December 13th. The total size of the offering was $88,800,000 based on an initial share price of $6.00. During Anteris Technologies Global’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any 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.

Wall Street Analyst Weigh In

AVR has been the topic of several research analyst reports. Barclays initiated coverage on Anteris Technologies Global in a research note on Tuesday, January 7th. They issued an “overweight” rating and a $22.00 price objective on the stock. Lake Street Capital started coverage on shares of Anteris Technologies Global in a research report on Wednesday, January 8th. They issued a “buy” rating and a $20.00 price objective for the company. Cantor Fitzgerald began coverage on shares of Anteris Technologies Global in a report on Tuesday, January 7th. They set an “overweight” rating and a $9.00 target price on the stock. Finally, TD Cowen started coverage on Anteris Technologies Global in a report on Tuesday, January 7th. They issued a “buy” rating and a $15.00 price target for the company.

Anteris Technologies Global Stock Performance

Shares of AVR stock opened at $5.61 on Wednesday. Anteris Technologies Global has a twelve month low of $5.10 and a twelve month high of $6.10.

About Anteris Technologies Global

Anteris Technologies Global Corp. engages in the development and commercialization of medical devices for heart diseases. The company was founded in 1999 and is headquartered in Eagan, MN.