Osprey Energy Acquisition Corp’s (OSPRU) Quiet Period Will End on August 30th
Osprey Energy Acquisition Corp’s (NASDAQ:OSPRU) quiet period is set to end on Wednesday, August 30th. Osprey Energy Acquisition Corp had issued 25,000,000 shares in its public offering on July 21st. The total size of the offering was $250,000,000 based on an initial share price of $10.00. During Osprey Energy Acquisition Corp’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
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Osprey Energy Acquisition Corp (NASDAQ OSPRU) opened at 10.00 on Friday. Osprey Energy Acquisition Corp has a 1-year low of $9.95 and a 1-year high of $10.92.
About Osprey Energy Acquisition Corp
Osprey Energy Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company intends to identify and acquire a business that could benefit from either an active owner with operational experience in the energy sector.
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