Black Spade Acquisition II’s (NASDAQ:BSIIU – Get Free Report) quiet period will expire on Monday, October 7th. Black Spade Acquisition II had issued 15,000,000 shares in its IPO on August 28th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. During Black Spade Acquisition II’s quiet period, insiders and underwriters that worked on the IPO are prevented 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.
Black Spade Acquisition II Stock Performance
Shares of BSIIU stock opened at $9.96 on Wednesday.
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