Shepherd Ave Capital Acquisition Co. Unit’s (NASDAQ:SPHAU – Get Free Report) quiet period is set to end on Tuesday, January 14th. Shepherd Ave Capital Acquisition Co. Unit had issued 7,500,000 shares in its IPO on December 5th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. During Shepherd Ave Capital Acquisition Co. Unit’s quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. 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.
Shepherd Ave Capital Acquisition Co. Unit Price Performance
SPHAU opened at $10.06 on Monday. Shepherd Ave Capital Acquisition Co. Unit has a one year low of $9.99 and a one year high of $10.07.
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