OceanLight Acquisition’s (NASDAQ:OCLT – Get Free Report) quiet period is set to end on Wednesday, September 16th. OceanLight Acquisition had issued 10,000,000 shares in its public offering on August 7th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. During OceanLight Acquisition’s quiet period, underwriters and any insiders 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, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
OceanLight Acquisition Stock Performance
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