KRAQU’s (NASDAQ:KRAQU – Get Free Report) quiet period is set to expire on Monday, March 9th. KRAQU had issued 30,000,000 shares in its public offering on January 28th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. During KRAQU’s quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any research reports or earnings estimates 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.
KRAQU Price Performance
Shares of NASDAQ:KRAQU opened at $10.04 on Friday. KRAQU has a twelve month low of $10.03 and a twelve month high of $10.20.
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