Thunder Bridge Capital Partners V Ltd.’s Quiet Period Will End Tomorrow (NASDAQ:TBCVU)

Thunder Bridge Capital Partners V’s (NASDAQ:TBCVU) quiet period will expire on Tuesday, September 22nd. Thunder Bridge Capital Partners V had issued 26,100,000 shares in its IPO on August 13th. The total size of the offering was $261,000,000 based on an initial share price of $10.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the expiration 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 raised shares of Thunder Bridge Capital Partners V to a “hold” rating in a research report on Saturday, September 5th.

Thunder Bridge Capital Partners V Stock Up 0.1%

Shares of TBCVU opened at $9.92 on Monday. Thunder Bridge Capital Partners V has a 12 month low of $9.89 and a 12 month high of $9.95.

About Thunder Bridge Capital Partners V

Thunder Bridge Capital Partners V, Inc is a special purpose acquisition company (SPAC) incorporated to identify and complete a business combination with one or more private companies. Its potential transactions may include a merger, capital stock exchange, asset acquisition, reorganization or similar corporate combination.

As a SPAC, Thunder Bridge Capital Partners V does not operate a traditional business and does not offer products or services to customers. Its primary activities are evaluating potential acquisition targets, negotiating a transaction and seeking approval from its stockholders.