Alta Global Group’s (NYSE:MMA – Get Free Report) quiet period is set to expire on Tuesday, May 7th. Alta Global Group had issued 1,300,000 shares in its IPO on March 28th. The total size of the offering was $6,500,000 based on an initial share price of $5.00. During Alta Global Group’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Alta Global Group Price Performance
Shares of NYSE MMA opened at $3.55 on Monday. Alta Global Group has a one year low of $2.87 and a one year high of $5.25.
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