Freedom Metals Acquisition Corp.’s (NASDAQ:FDMM) Quiet Period Set To Expire on August 17th

Freedom Metals Acquisition’s (NASDAQ:FDMM) quiet period is set to end on Monday, August 17th. Freedom Metals Acquisition had issued 27,500,000 shares in its IPO on July 8th. The total size of the offering was $275,000,000 based on an initial share price of $10.00. During Freedom Metals Acquisition’s quiet period, insiders and any underwriters 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, the brokerages that served as underwriters will likely initiate research coverage on the company.

Freedom Metals Acquisition Stock Up 0.0%

NASDAQ FDMM opened at $9.80 on Friday. Freedom Metals Acquisition has a 52-week low of $9.78 and a 52-week high of $9.85.

About Freedom Metals Acquisition

Freedom Metals Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Freedom Metals Acquisition Corp. is based in Miami, Florida.