Mudrick Capital Acquisition’s (NASDAQ:MUDSU) quiet period is set to expire on Tuesday, March 20th. Mudrick Capital Acquisition had issued 20,000,000 shares in its initial public offering on February 8th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During Mudrick Capital Acquisition’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the expiration 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.
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Mudrick Capital Acquisition Company Profile
Mudrick Capital Acquisition Corporation is blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
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