BHAVU’s Quiet Period Will Expire on April 28th (NASDAQ:BHAVU)

BHAVU’s (NASDAQ:BHAVU) quiet period will expire on Tuesday, April 28th. BHAVU had issued 10,000,000 shares in its IPO on March 19th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded BHAVU to a “hold” rating in a report on Saturday, March 28th.

BHAVU Stock Up 0.2%

Shares of BHAVU stock opened at $10.06 on Thursday. BHAVU has a 1 year low of $9.96 and a 1 year high of $10.25.