MESHU’s (NASDAQ:MESHU – Get Free Report) quiet period is set to end on Monday, January 19th. MESHU had issued 30,000,000 shares in its IPO on December 10th. The total size of the offering was $300,000,000 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 prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. 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.
MESHU Price Performance
Shares of MESHU stock opened at $10.02 on Friday. MESHU has a fifty-two week low of $10.00 and a fifty-two week high of $10.06.
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