Global SPAC Partners Co.’s Quiet Period To End Tomorrow (NASDAQ:GLSPU)

Global SPAC Partners’ (NASDAQ:GLSPU) quiet period is set to end on Wednesday, May 19th. Global SPAC Partners had issued 16,000,000 shares in its initial public offering on April 9th. The total size of the offering was $160,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates 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.

GLSPU opened at $9.98 on Tuesday. Global SPAC Partners has a 1 year low of $9.94 and a 1 year high of $10.18.

Global SPAC Partners Company Profile

Global SPAC Partners Co is a blank check company. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2020 and is based in Claymont, Delaware.

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