Nebula Acquisition Corp’s Quiet Period Set To Expire on February 19th (NASDAQ:NEBUU)
Nebula Acquisition’s (NASDAQ:NEBUU) quiet period is set to end on Monday, February 19th. Nebula Acquisition had issued 25,000,000 shares in its initial public offering on January 10th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. During Nebula Acquisition’s quiet period, underwriters and any insiders that worked on 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.
Nebula Acquisition (NEBUU) opened at $10.00 on Wednesday. Nebula Acquisition has a 12 month low of $9.98 and a 12 month high of $10.14.
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