BOA Acquisition Corp. II’s (NASDAQ:THEO) Quiet Period Set To Expire on September 14th

BOA Acquisition Corp. II’s (NASDAQ:THEO) quiet period is set to end on Monday, September 14th. BOA Acquisition Corp. II had issued 12,500,000 shares in its public offering on August 4th. The total size of the offering was $125,000,000 based on an initial share price of $10.00. During BOA Acquisition Corp. II’s quiet period, insiders and underwriters that worked on 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 expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised BOA Acquisition Corp. II to a “hold” rating in a research report on Monday, August 17th.

BOA Acquisition Corp. II Trading Down 0.1%

NASDAQ THEO opened at $9.88 on Friday. BOA Acquisition Corp. II has a 1 year low of $9.81 and a 1 year high of $10.03.

About BOA Acquisition Corp. II

BOA Acquisition Corp. II is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. BOA Acquisition Corp. II is based in WASHINGTON.