Alpex Acquisition’s (NASDAQ:ALPXU – Get Free Report) quiet period is set to expire on Tuesday, August 4th. Alpex Acquisition had issued 10,000,000 shares in its initial public offering on June 25th. 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 that worked on 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 expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Alpex Acquisition Price Performance
Alpex Acquisition stock opened at $10.06 on Thursday. Alpex Acquisition has a 52-week low of $9.99 and a 52-week high of $10.70.
About Alpex Acquisition
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