Global SPAC Partners Co.’s (NASDAQ:GLSPU) Quiet Period To End on May 19th

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 IPO 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, underwriters and any insiders that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Global SPAC Partners stock opened at $10.00 on Friday. Global SPAC Partners has a 12 month low of $9.94 and a 12 month 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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