NewHold Investment Corp. II’s Quiet Period To End on April 9th (OTCMKTS:NHICU)

Posted by ABMN Staff on Apr 4th, 2025

NewHold Investment Corp. II’s (OTCMKTS:NHICU – Get Free Report) quiet period is set to end on Wednesday, April 9th. NewHold Investment Corp. II had issued 17,500,000 shares in its initial public offering on February 28th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. During NewHold Investment Corp. II’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any research reports or earnings estimates 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.

NewHold Investment Corp. II Price Performance

OTCMKTS:NHICU opened at $10.05 on Friday. The stock’s 50 day simple moving average is $10.13 and its 200-day simple moving average is $10.19. NewHold Investment Corp. II has a 12-month low of $10.02 and a 12-month high of $10.10.

NewHold Investment Corp. II Company Profile

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NewHold Investment Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on the industrial technology business.