Freedom Metals Acquisition Corp.’s (NASDAQ:FDMM) Quiet Period Set To Expire Tomorrow

Freedom Metals Acquisition’s (NASDAQ:FDMMGet Free Report) quiet period is set to end on Monday, August 17th. Freedom Metals Acquisition had issued 27,500,000 shares in its initial public offering on July 8th. The total size of the offering was $275,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are prevented 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.

Freedom Metals Acquisition Stock Performance

NASDAQ FDMM opened at $9.82 on Friday. Freedom Metals Acquisition has a 1 year low of $9.78 and a 1 year high of $9.85.

Freedom Metals Acquisition Company Profile

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Freedom Metals Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Freedom Metals Acquisition Corp. is based in Miami, Florida.

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