Haymaker Acquisition’s (NASDAQ:HYACU) quiet period is set to expire on Wednesday, July 17th. Haymaker Acquisition had issued 35,000,000 shares in its IPO on June 7th. The total size of the offering was $350,000,000 based on an initial share price of $10.00. During Haymaker Acquisition’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 regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Shares of HYACU stock opened at $10.30 on Friday. The stock’s 50-day moving average price is $10.72. Haymaker Acquisition has a 12 month low of $10.06 and a 12 month high of $12.20.
About Haymaker Acquisition
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