MLAAU’s (NASDAQ:MLAAU – Get Free Report) quiet period is set to end on Monday, March 9th. MLAAU had issued 31,320,000 shares in its public offering on January 27th. The total size of the offering was $313,200,000 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 research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
MLAAU Price Performance
Shares of MLAAU opened at $9.95 on Friday. MLAAU has a 1-year low of $9.93 and a 1-year high of $10.02.
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