Stellar Acquisition III Inc’s (STLRU) Quiet Period To End on September 28th
Stellar Acquisition III’s (NASDAQ:STLRU) quiet period is set to expire on Wednesday, September 28th. Stellar Acquisition III had issued 6,500,000 shares in its initial public offering on August 19th. The total size of the offering was $65,000,000 based on an initial share price of $10.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports or earnings estimates 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.
Stellar Acquisition III (NASDAQ:STLRU) opened at 10.04 on Wednesday. The company’s market cap is $23.08 million. The stock has a 50 day moving average price of $0.00 and a 200 day moving average price of $0.00. Stellar Acquisition III has a 12 month low of $10.00 and a 12 month high of $10.04.
Stellar Acquisition III Company Profile
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