Black Spade Acquisition II Co’s (NASDAQ:BSIIU) Quiet Period Will End on October 7th
by Sarita Garza · The Markets DailyBlack Spade Acquisition II’s (NASDAQ:BSIIU – Get Free Report) quiet period will end on Monday, October 7th. Black Spade Acquisition II had issued 15,000,000 shares in its IPO on August 28th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. During Black Spade Acquisition II’s quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Black Spade Acquisition II Stock Up 0.1 %
NASDAQ BSIIU opened at $9.97 on Monday. Black Spade Acquisition II has a fifty-two week low of $9.92 and a fifty-two week high of $9.98.
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