Bleichroeder Acquisition Corp. III’s (NASDAQ:BCCQ – Get Free Report) quiet period is set to expire on Monday, August 17th. Bleichroeder Acquisition Corp. III had issued 30,000,000 shares in its public offering on July 7th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any research reports 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.
Bleichroeder Acquisition Corp. III Trading Up 2.2%
Shares of NASDAQ BCCQ opened at $10.09 on Wednesday. Bleichroeder Acquisition Corp. III has a fifty-two week low of $9.75 and a fifty-two week high of $10.00.
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