Thunder Bridge Capital Partners V’s (NASDAQ:TBCVU – Get Free Report) quiet period will end on Tuesday, September 22nd. Thunder Bridge Capital Partners V had issued 26,100,000 shares in its IPO on August 13th. The total size of the offering was $261,000,000 based on an initial share price of $10.00. During Thunder Bridge Capital Partners V’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any research reports or earnings estimates 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.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised Thunder Bridge Capital Partners V to a “hold” rating in a research note on Saturday, September 5th.
Get Our Latest Research Report on TBCVU
Thunder Bridge Capital Partners V Stock Down 0.1%
About Thunder Bridge Capital Partners V
Thunder Bridge Capital Partners V, Inc is a special purpose acquisition company (SPAC) incorporated to identify and complete a business combination with one or more private companies. Its potential transactions may include a merger, capital stock exchange, asset acquisition, reorganization or similar corporate combination.
As a SPAC, Thunder Bridge Capital Partners V does not operate a traditional business and does not offer products or services to customers. Its primary activities are evaluating potential acquisition targets, negotiating a transaction and seeking approval from its stockholders.
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