Industrea Acquisition Corp’s Quiet Period To Expire on September 5th (NASDAQ:INDUU)
Industrea Acquisition Corp’s (NASDAQ:INDUU) quiet period is set to expire on Tuesday, September 5th. Industrea Acquisition Corp had issued 20,000,000 shares in its initial public offering on July 27th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the end 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.
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Industrea Acquisition Corp (NASDAQ INDUU) opened at 10.14 on Friday. Industrea Acquisition Corp has a 52 week low of $10.00 and a 52 week high of $10.15.
Industrea Acquisition Corp Company Profile
Industrea 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 focus their search on manufacturing and service companies in the industrial sector.
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