SVAQU’s (NASDAQ:SVAQU – Get Free Report) quiet period will expire on Monday, February 2nd. SVAQU had issued 20,000,000 shares in its public offering on December 23rd. 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 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.
SVAQU Price Performance
SVAQU opened at $10.03 on Wednesday. SVAQU has a 12-month low of $9.94 and a 12-month high of $10.05.
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