Karman Line Acquisition Corp.’s Quiet Period Set To End Tomorrow (NASDAQ:XTER)

Karman Line Acquisition’s (NASDAQ:XTER) quiet period is set to end on Monday, September 28th. Karman Line Acquisition had issued 20,000,000 shares in its IPO on August 18th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During Karman Line Acquisition’s quiet period, insiders and any 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 end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Karman Line Acquisition to a “hold” rating in a report on Wednesday, September 2nd.

Karman Line Acquisition Stock Performance

Shares of NASDAQ:XTER opened at $9.78 on Friday. Karman Line Acquisition has a 52 week low of $9.78 and a 52 week high of $9.90.