Thunder Bridge Capital Partners V Ltd.’s Quiet Period Will Expire on September 22nd (NASDAQ:TBCVU)

Thunder Bridge Capital Partners V’s (NASDAQ:TBCVU) quiet period will expire on Tuesday, September 22nd. Thunder Bridge Capital Partners V had issued 26,100,000 shares in its public offering on August 13th. The total size of the offering was $261,000,000 based on an initial share price of $10.00. During Thunder Bridge Capital Partners V’s quiet period, insiders and any 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 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 Thunder Bridge Capital Partners V to a “hold” rating in a research note on Saturday, September 5th.

Thunder Bridge Capital Partners V Price Performance

NASDAQ:TBCVU opened at $9.92 on Friday. Thunder Bridge Capital Partners V has a 12 month low of $9.89 and a 12 month high of $9.95.

Thunder Bridge Capital Partners V Company Profile

Thunder Bridge Capital Partners V, Inc is a special purpose acquisition company (SPAC) incorporated to identify and complete a business combination with one or more private companies. Its potential transactions may include a merger, capital stock exchange, asset acquisition, reorganization or similar corporate combination.

As a SPAC, Thunder Bridge Capital Partners V does not operate a traditional business and does not offer products or services to customers. Its primary activities are evaluating potential acquisition targets, negotiating a transaction and seeking approval from its stockholders.