NewHold Investment Corp. II’s (OTCMKTS:NHICU) Quiet Period To Expire on April 9th

NewHold Investment Corp. II’s (OTCMKTS:NHICU) quiet period is set to expire on Wednesday, April 9th. NewHold Investment Corp. II had issued 17,500,000 shares in its public offering on February 28th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

NewHold Investment Corp. II Stock Down 0.4 %

Shares of NewHold Investment Corp. II stock opened at $10.03 on Wednesday. The company has a 50-day moving average of $10.14 and a two-hundred day moving average of $10.19. NewHold Investment Corp. II has a 12-month low of $10.02 and a 12-month high of $10.08.

NewHold Investment Corp. II Company Profile

NewHold Investment Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on the industrial technology business.