Bleichroeder Acquisition Corp. III’s (NASDAQ:BCCQ – Get Free Report) quiet period will expire on Monday, August 17th. Bleichroeder Acquisition Corp. III had issued 30,000,000 shares in its public offering on July 7th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any earnings forecasts or research reports 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.
Bleichroeder Acquisition Corp. III Trading Up 2.3%
Shares of BCCQ stock opened at $10.10 on Friday. Bleichroeder Acquisition Corp. III has a 1-year low of $9.75 and a 1-year high of $10.00.
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