Oyster Enterprises II Acquisition Corp’s (NASDAQ:OYSEU) Quiet Period Will Expire Tomorrow

Oyster Enterprises II Acquisition’s (NASDAQ:OYSEU) quiet period is set to end on Tuesday, July 1st. Oyster Enterprises II Acquisition had issued 22,000,000 shares in its IPO on May 22nd. The total size of the offering was $220,000,000 based on an initial share price of $10.00. During Oyster Enterprises II Acquisition’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 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.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Oyster Enterprises II Acquisition to a “hold” rating in a report on Friday, June 6th.

Oyster Enterprises II Acquisition Trading Up 0.1%

NASDAQ:OYSEU opened at $10.12 on Monday. Oyster Enterprises II Acquisition has a 52-week low of $10.00 and a 52-week high of $10.13.

About Oyster Enterprises II Acquisition

We are a blank check company incorporated on October 9, 2024, as a Cayman Islands exempted company and 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, which we refer to throughout this prospectus as our initial business combination.