SAAQU’s (NASDAQ:SAAQU) Quiet Period To Expire on March 9th

SAAQU’s (NASDAQ:SAAQU – Get Free Report) quiet period will expire on Monday, March 9th. SAAQU had issued 20,000,000 shares in its initial public offering on January 28th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports or earnings estimates 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.

SAAQU Trading Down 0.3%

Shares of SAAQU opened at $10.15 on Friday. SAAQU has a 1 year low of $10.10 and a 1 year high of $10.28.

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