FACT II Acquisition Corp. Unit’s (NASDAQ:FACTU – Get Free Report) quiet period will expire on Monday, January 6th. FACT II Acquisition Corp. Unit had issued 17,500,000 shares in its IPO on November 26th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any earnings forecasts or research reports 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.
FACT II Acquisition Corp. Unit Stock Down 0.1 %
FACT II Acquisition Corp. Unit stock opened at $9.98 on Friday. FACT II Acquisition Corp. Unit has a 12 month low of $9.93 and a 12 month high of $9.99.
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