Alpex Acquisition’s (NASDAQ:ALPXU – Get Free Report) quiet period will expire on Tuesday, August 4th. Alpex Acquisition had issued 10,000,000 shares in its IPO on June 25th. The total size of the offering was $100,000,000 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.
Alpex Acquisition Price Performance
ALPXU stock opened at $10.06 on Monday. Alpex Acquisition has a fifty-two week low of $9.99 and a fifty-two week high of $10.70.
Alpex Acquisition Company Profile
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