Futurewave Acquisition’s (NASDAQ:FWAC – Get Free Report) quiet period is set to expire on Tuesday, August 4th. Futurewave Acquisition had issued 7,500,000 shares in its IPO on June 25th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. During Futurewave Acquisition’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 SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Futurewave Acquisition Stock Performance
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