ITHAU’s (NASDAQ:ITHAU – Get Free Report) quiet period is set to expire on Wednesday, January 21st. ITHAU had issued 20,000,000 shares in its public offering on December 12th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During ITHAU’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. 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.
ITHAU Stock Performance
Shares of ITHAU opened at $10.00 on Friday. ITHAU has a 52-week low of $9.94 and a 52-week high of $10.01.
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