Karman Line Acquisition Corp.’s (NASDAQ:XTER) Quiet Period Will Expire on September 28th

Karman Line Acquisition’s (NASDAQ:XTERGet Free Report) quiet period is set to end on Monday, September 28th. Karman Line Acquisition had issued 20,000,000 shares in its public offering 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, underwriters and any insiders involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Analysis on Karman Line Acquisition

Karman Line Acquisition Stock Performance

NASDAQ XTER opened at $9.79 on Wednesday. Karman Line Acquisition has a 12-month low of $9.78 and a 12-month high of $9.90.

Further Reading

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