IEAGU’s (NASDAQ:IEAGU – Get Free Report) quiet period will end on Wednesday, February 25th. IEAGU had issued 30,000,000 shares in its IPO on January 16th. The total size of the offering was $300,000,000 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 prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
IEAGU Trading Up 0.1%
Shares of IEAGU opened at $10.23 on Tuesday. IEAGU has a 12 month low of $10.19 and a 12 month high of $10.32.
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