Patria Latin American Opportunity Acquisition Corp’s Quiet Period Set To End on April 19th (NASDAQ:PLAOU)

Patria Latin American Opportunity Acquisition’s (NASDAQ:PLAOUGet Rating) quiet period is set to end on Tuesday, April 19th. Patria Latin American Opportunity Acquisition had issued 20,000,000 shares in its IPO on March 10th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During Patria Latin American Opportunity Acquisition’s quiet period, underwriters and any insiders involved in the IPO are prevented 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.

PLAOU opened at $10.12 on Friday. Patria Latin American Opportunity Acquisition has a one year low of $10.03 and a one year high of $10.12.

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