Alpex Acquisition’s (NASDAQ:ALPX – Get Free Report) quiet period is set to end on Tuesday, August 4th. Alpex Acquisition had issued 10,000,000 shares in its public offering on June 25th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. During Alpex Acquisition’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the expiration 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.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded Alpex Acquisition to a “hold” rating in a research report on Saturday.
Check Out Our Latest Stock Report on ALPX
Alpex Acquisition Stock Performance
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