FGIIU’s (NASDAQ:FGIIU – Get Free Report) quiet period is set to end on Wednesday, February 25th. FGIIU had issued 20,000,000 shares in its initial public offering on January 16th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During FGIIU’s quiet period, underwriters and any insiders involved in 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.
FGIIU Price Performance
FGIIU opened at $10.00 on Wednesday. FGIIU has a 12-month low of $9.97 and a 12-month high of $10.01.
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