A SPAC III Acquisition’s (NASDAQ:ASPCU – Get Free Report) quiet period is set to expire on Wednesday, December 18th. A SPAC III Acquisition had issued 5,500,000 shares in its 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, insiders and any underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
A SPAC III Acquisition Stock Performance
Shares of A SPAC III Acquisition stock opened at $10.03 on Wednesday. A SPAC III Acquisition has a 1 year low of $9.98 and a 1 year high of $10.04.
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