Starfighters Space, Inc.’s (NYSEAMERICAN:FJET) Quiet Period Will End on January 27th

Starfighters Space’s (NYSEAMERICAN:FJET) quiet period is set to end on Tuesday, January 27th. Starfighters Space had issued 11,142,061 shares in its IPO on December 18th. The total size of the offering was $39,999,999 based on an initial share price of $3.59. During Starfighters Space’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any 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.

Starfighters Space Stock Performance

Shares of Starfighters Space stock opened at $10.65 on Friday. Starfighters Space has a fifty-two week low of $5.99 and a fifty-two week high of $31.50.

Insider Buying and Selling at Starfighters Space

In other news, CFO David Kirk Whitney sold 37,500 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $9.97, for a total transaction of $373,875.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Starfighters Space Company Profile

The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.