Lionheart’s (NASDAQ:CUBWU – Get Free Report) quiet period is set to end on Monday, July 29th. Lionheart had issued 20,000,000 shares in its public offering on June 18th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During Lionheart’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 regulations issued by the Securities and Exchange Commission. 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.
Lionheart Trading Down 0.1 %
Shares of NASDAQ:CUBWU traded down $0.01 during midday trading on Monday, reaching $9.99. 538 shares of the company traded hands, compared to its average volume of 220,231. Lionheart has a 12 month low of $9.96 and a 12 month high of $10.04.
About Lionheart
See Also
- Five stocks we like better than Lionheart
- How to Buy Cheap Stocks Step by Step
- Survey: Top 175 Fittest Retirement Locations in America
- Breakout Stocks: What They Are and How to Identify Them
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- What is Short Interest? How to Use It
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Receive News & Ratings for Lionheart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lionheart and related companies with MarketBeat.com's FREE daily email newsletter.