Shepherd Ave Capital Acquisition Co. Unit’s (NASDAQ:SPHAU – Get Free Report) quiet period will end on Tuesday, January 14th. Shepherd Ave Capital Acquisition Co. Unit had issued 7,500,000 shares in its initial public offering on December 5th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. During Shepherd Ave Capital Acquisition Co. Unit’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration 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.
Shepherd Ave Capital Acquisition Co. Unit Trading Up 0.2 %
NASDAQ SPHAU opened at $10.06 on Friday. Shepherd Ave Capital Acquisition Co. Unit has a 1 year low of $9.99 and a 1 year high of $10.07.
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