BLRKU’s (NASDAQ:BLRKU – Get Free Report) quiet period will expire on Tuesday, January 20th. BLRKU had issued 15,000,000 shares in its public offering on December 11th. 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 restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
BLRKU Price Performance
NASDAQ BLRKU traded up $10.01 during trading hours on Thursday, hitting $10.01. 16,558 shares of the company were exchanged, compared to its average volume of 26,320. BLRKU has a 52 week low of $9.98 and a 52 week high of $10.03.
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