ITHAU’s (NASDAQ:ITHAU – Get Free Report) quiet period is set to expire on Wednesday, January 21st. ITHAU had issued 20,000,000 shares in its public offering on December 12th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During ITHAU’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.
ITHAU Price Performance
Shares of NASDAQ ITHAU opened at $10.00 on Friday. ITHAU has a twelve month low of $9.94 and a twelve month high of $10.01.
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