Cartesian Growth Corp IV’s (NASDAQ:CGCFU – Get Free Report) quiet period is set to expire on Tuesday, August 4th. Cartesian Growth Corp IV had issued 25,000,000 shares in its public offering on June 25th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any research reports 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.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of Cartesian Growth Corp IV to a “hold” rating in a report on Saturday, July 4th.
Check Out Our Latest Stock Analysis on CGCFU
Cartesian Growth Corp IV Trading Down 0.1%
About Cartesian Growth Corp IV
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