Rainier Acquisition’s (NASDAQ:RNAQ – Get Free Report) quiet period is set to expire on Tuesday, October 6th. Rainier Acquisition had issued 7,500,000 shares in its IPO on August 27th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. During Rainier Acquisition’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. 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.
Rainier Acquisition Price Performance
Shares of RNAQ stock opened at $10.05 on Friday. Rainier Acquisition has a 1 year low of $10.00 and a 1 year high of $10.50.
About Rainier Acquisition
Featured Articles
- Five stocks we like better than Rainier Acquisition
- AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
- Time to Nibble on MCD Stock After it Enters Oversold Territory?
- McCormick Stock Trades Cheap, Offers Dividend Growth and Unilever Deal Upside
- Corning and AT&T’s $3 Billion Fiber Deal Reveals Where AI Spending Goes Next
Receive News & Ratings for Rainier Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rainier Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
