OceanLight Acquisition’s (NASDAQ:OCLT – Get Free Report) quiet period will expire on Wednesday, September 16th. OceanLight Acquisition had issued 10,000,000 shares in its public offering on August 7th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. During OceanLight Acquisition’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
OceanLight Acquisition Trading Down 0.1%
OceanLight Acquisition stock opened at $9.89 on Tuesday. OceanLight Acquisition has a 1 year low of $9.86 and a 1 year high of $9.94.
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