MEVOU’s (NASDAQ:MEVOU) Quiet Period Set To End Tomorrow

MEVOU’s (NASDAQ:MEVOU) quiet period is set to end on Wednesday, March 11th. MEVOU had issued 27,000,000 shares in its public offering on January 30th. The total size of the offering was $270,000,000 based on an initial share price of $10.00. During MEVOU’s quiet period, insiders and underwriters that worked on 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.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded MEVOU to a “hold” rating in a research report on Tuesday, February 10th.

MEVOU Price Performance

NASDAQ:MEVOU opened at $10.06 on Tuesday. MEVOU has a 1-year low of $10.01 and a 1-year high of $10.27.