BOA Acquisition Corp. II’s (NASDAQ:THEO – Get Free Report) quiet period is set to expire on Monday, September 14th. BOA Acquisition Corp. II had issued 12,500,000 shares in its initial public offering on August 4th. The total size of the offering was $125,000,000 based on an initial share price of $10.00. During BOA Acquisition Corp. II’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. 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.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of BOA Acquisition Corp. II to a “hold” rating in a research note on Monday, August 17th.
Get Our Latest Report on BOA Acquisition Corp. II
BOA Acquisition Corp. II Trading Down 0.0%
BOA Acquisition Corp. II Company Profile
BOA Acquisition Corp. II is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. BOA Acquisition Corp. II is based in WASHINGTON.
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