KRAQU’s Quiet Period To Expire on March 9th (NASDAQ:KRAQU)

KRAQU’s (NASDAQ:KRAQU) quiet period will expire on Monday, March 9th. KRAQU had issued 30,000,000 shares in its IPO on January 28th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. During KRAQU’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any research reports for the company because of SEC regulations. 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.

KRAQU Price Performance

Shares of NASDAQ:KRAQU opened at $10.07 on Monday. KRAQU has a one year low of $10.04 and a one year high of $10.20.