Alpex Acquisition’s (NASDAQ:ALPXU – Get Free Report) quiet period will end on Tuesday, August 4th. Alpex Acquisition had issued 10,000,000 shares in its initial public offering on June 25th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. During Alpex 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 SEC regulations. 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.
Alpex Acquisition Trading Down 0.3%
NASDAQ ALPXU opened at $10.06 on Friday. Alpex Acquisition has a one year low of $9.99 and a one year high of $10.70.
About Alpex Acquisition
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