Enterprise 4.0 Technology Acquisition Corp’s (NASDAQ:ENTFU) Quiet Period To Expire on November 29th

Enterprise 4.0 Technology Acquisition’s (NASDAQ:ENTFU) quiet period is set to expire on Monday, November 29th. Enterprise 4.0 Technology Acquisition had issued 26,100,000 shares in its public offering on October 19th. The total size of the offering was $261,000,000 based on an initial share price of $10.00. During Enterprise 4.0 Technology Acquisition’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Shares of ENTFU stock opened at $10.10 on Friday. Enterprise 4.0 Technology Acquisition has a 1-year low of $10.02 and a 1-year high of $10.80.

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