ZKPU’s (NASDAQ:ZKPU – Get Free Report) quiet period is set to expire on Wednesday, February 18th. ZKPU had issued 25,000,000 shares in its IPO on January 9th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. During the company’s quiet period, underwriters and any insiders involved in the IPO are prevented 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, the brokerages that served as underwriters will likely initiate research coverage on the company.
ZKPU Stock Performance
Shares of ZKPU opened at $10.01 on Tuesday. ZKPU has a one year low of $9.97 and a one year high of $10.10.
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