Gores Technology Partners, Inc. Units’ (NASDAQ:GTPAU) quiet period is set to expire on Wednesday, April 21st. Gores Technology Partners, Inc. Units had issued 24,000,000 shares in its initial public offering on March 12th. The total size of the offering was $240,000,000 based on an initial share price of $10.00. During the company’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, the brokerages that served as underwriters will likely initiate research coverage on the company.
GTPAU opened at $10.20 on Wednesday. Gores Technology Partners, Inc. Units has a 12 month low of $9.97 and a 12 month high of $10.50.
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