MLAAU’s (NASDAQ:MLAAU – Get Free Report) quiet period will expire on Monday, March 9th. MLAAU had issued 31,320,000 shares in its public offering on January 27th. The total size of the offering was $313,200,000 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 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.
MLAAU Price Performance
MLAAU stock opened at $9.95 on Monday. MLAAU has a 1 year low of $9.93 and a 1 year high of $10.02.
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