Black Ridge Acquisition Corp’s (BRACU) Quiet Period Set To End on November 14th
Black Ridge Acquisition Corp’s (NASDAQ:BRACU) quiet period will end on Tuesday, November 14th. Black Ridge Acquisition Corp had issued 12,000,000 shares in its IPO on October 5th. The total size of the offering was $120,000,000 based on an initial share price of $10.00. During Black Ridge Acquisition Corp’s quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration 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.
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Shares of Black Ridge Acquisition Corp (NASDAQ:BRACU) opened at $10.03 on Friday. Black Ridge Acquisition Corp has a 1-year low of $9.97 and a 1-year high of $10.22.
About Black Ridge Acquisition Corp
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