Futurewave Acquisition’s (NASDAQ:FWAC – Get Free Report) quiet period will expire on Tuesday, August 4th. Futurewave Acquisition had issued 7,500,000 shares in its initial public offering on June 25th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. During Futurewave Acquisition’s quiet period, insiders and any underwriters involved in the IPO are prevented 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.
Futurewave Acquisition Stock Performance
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