ZKPU’s (NASDAQ:ZKPU – Get Free Report) quiet period is set to expire on Wednesday, February 18th. ZKPU had issued 25,000,000 shares in its IPO on January 9th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and any underwriters involved in 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, the brokerages that served as underwriters will likely initiate research coverage on the company.
ZKPU Trading Down 0.4%
Shares of NASDAQ ZKPU opened at $10.03 on Wednesday. ZKPU has a 12 month low of $9.97 and a 12 month high of $10.10.
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