Mercator Acquisition’s (NASDAQ:MRCOU – Get Free Report) quiet period is set to end on Tuesday, August 18th. Mercator Acquisition had issued 15,000,000 shares in its public offering on July 9th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Mercator Acquisition Price Performance
NASDAQ MRCOU opened at $10.03 on Monday. Mercator Acquisition has a 52-week low of $10.01 and a 52-week high of $10.04.
Mercator Acquisition Company Profile
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