Black Spade Acquisition II Co’s Quiet Period To Expire on October 7th (NASDAQ:BSIIU)

Black Spade Acquisition II’s (NASDAQ:BSIIUGet Free Report) quiet period is set to end on Monday, October 7th. Black Spade Acquisition II had issued 15,000,000 shares in its IPO on August 28th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. During Black Spade Acquisition II’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any 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.

Black Spade Acquisition II Price Performance

Shares of NASDAQ BSIIU opened at $9.97 on Friday. Black Spade Acquisition II has a 52-week low of $9.92 and a 52-week high of $9.98.

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