Alta Global Group’s (NYSE:MMA – Get Free Report) quiet period will end on Tuesday, May 7th. Alta Global Group had issued 1,300,000 shares in its initial public offering on March 28th. The total size of the offering was $6,500,000 based on an initial share price of $5.00. During Alta Global Group’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any earnings forecasts or research reports 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.
Alta Global Group Stock Up 2.6 %
NYSE:MMA opened at $3.16 on Tuesday. Alta Global Group has a 1 year low of $2.87 and a 1 year high of $5.25.
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