Black Spade Acquisition II Co’s (NASDAQ:BSIIU) Quiet Period Will Expire Tomorrow

Black Spade Acquisition II’s (NASDAQ:BSIIUGet Free Report) quiet period will end on Monday, October 7th. Black Spade Acquisition II had issued 15,000,000 shares in its initial public offering 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, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Black Spade Acquisition II Price Performance

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

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