Futurewave Acquisition’s (NASDAQ:FWAC – Get Free Report) quiet period is set to expire on Tuesday, August 4th. Futurewave Acquisition had issued 7,500,000 shares in its public offering on June 25th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. During Futurewave Acquisition’s quiet period, insiders and underwriters that worked on the IPO are restricted 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.
Futurewave Acquisition Price Performance
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