KTWOU’s (NASDAQ:KTWOU – Get Free Report) quiet period will expire on Tuesday, March 10th. KTWOU had issued 12,000,000 shares in its public offering on January 29th. The total size of the offering was $120,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters involved in the IPO are restricted 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, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
KTWOU Stock Down 0.2%
NASDAQ KTWOU opened at $10.05 on Friday. KTWOU has a fifty-two week low of $10.03 and a fifty-two week high of $10.20.
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