Horizon Space Acquisition II Corp. Units’ (NASDAQ:HSPTU – Get Free Report) quiet period will expire on Wednesday, December 25th. Horizon Space Acquisition II Corp. Units had issued 6,000,000 shares in its initial public offering on November 15th. The total size of the offering was $60,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters 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.
Horizon Space Acquisition II Corp. Units Trading Down 0.1 %
NASDAQ:HSPTU opened at $10.02 on Friday. Horizon Space Acquisition II Corp. Units has a one year low of $9.98 and a one year high of $10.03.
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