HCICU’s (NASDAQ:HCICU) Quiet Period Will End on March 17th

HCICU’s (NASDAQ:HCICU) quiet period is set to expire on Tuesday, March 17th. HCICU had issued 21,000,000 shares in its initial public offering on February 5th. The total size of the offering was $210,000,000 based on an initial share price of $10.00. During HCICU’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any earnings forecasts or 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.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of HCICU to a “hold” rating in a research note on Monday, February 16th.

HCICU Stock Performance

HCICU stock opened at $10.01 on Tuesday. HCICU has a 52 week low of $9.98 and a 52 week high of $10.05.