Safe Pro Group Inc. Common Stock’s Quiet Period Set To End on October 7th (NASDAQ:SPAI)

Safe Pro Group Inc. Common Stock’s (NASDAQ:SPAI) quiet period is set to expire on Monday, October 7th. Safe Pro Group Inc. Common Stock had issued 1,020,000 shares in its IPO on August 28th. The total size of the offering was $5,100,000 based on an initial share price of $5.00. During Safe Pro Group Inc. Common Stock’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the end 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.

Safe Pro Group Inc. Common Stock Price Performance

Shares of NASDAQ:SPAI opened at $2.86 on Monday. Safe Pro Group Inc. Common Stock has a 52 week low of $2.50 and a 52 week high of $4.89.

About Safe Pro Group Inc. Common Stock

Safe Pro Group Inc manufactures and sells personal protective gear and ballistic protection products in the United States. The company offers explosive ordinance disposal and unexploded ordinance disposal products; ballistic vests; and body armor, helmets, and ballistic blankets, as well as aerial managed services (drones) for the inspection of radio towers and power grids.