Alpex Acquisition’s (NASDAQ:ALPX – Get Free Report) quiet period will end on Tuesday, August 4th. Alpex Acquisition had issued 10,000,000 shares in its initial public offering on June 25th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. 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.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded shares of Alpex Acquisition to a “hold” rating in a report on Saturday.
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Alpex Acquisition Price Performance
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