East West Ave Acquisition’s (NASDAQ:EWAV – Get Free Report) quiet period will expire on Wednesday, September 9th. East West Ave Acquisition had issued 10,000,000 shares in its IPO on July 31st. 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 underwriters that worked on the IPO are restricted from issuing any 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.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of East West Ave Acquisition to a “hold” rating in a research note on Monday, August 17th.
Read Our Latest Analysis on EWAV
East West Ave Acquisition Stock Performance
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