B. Riley Principal 250 Merger Corp. Units’ Quiet Period Set To End on June 16th (NASDAQ:BRIVU)

B. Riley Principal 250 Merger Corp. Units’ (NASDAQ:BRIVU) quiet period is set to end on Wednesday, June 16th. B. Riley Principal 250 Merger Corp. Units had issued 15,000,000 shares in its IPO on May 7th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any 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.

NASDAQ:BRIVU opened at $9.91 on Friday. B. Riley Principal 250 Merger Corp. Units has a twelve month low of $9.90 and a twelve month high of $10.08.

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