Shepherd Ave Capital Acquisition Co. Unit’s (NASDAQ:SPHAU – Get Free Report) quiet period is set to end on Tuesday, January 14th. Shepherd Ave Capital Acquisition Co. Unit had issued 7,500,000 shares in its public offering on December 5th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. During Shepherd Ave Capital Acquisition Co. Unit’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, the brokerages that served as underwriters will likely initiate research coverage on the company.
Shepherd Ave Capital Acquisition Co. Unit Trading Down 0.1 %
NASDAQ:SPHAU opened at $10.04 on Thursday. Shepherd Ave Capital Acquisition Co. Unit has a twelve month low of $9.99 and a twelve month high of $10.05.
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