FACT II Acquisition Corp. Unit’s (NASDAQ:FACTU – Get Free Report) quiet period will expire on Monday, January 6th. FACT II Acquisition Corp. Unit had issued 17,500,000 shares in its public offering on November 26th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. During FACT II Acquisition Corp. Unit’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, the brokerages that served as underwriters will likely initiate research coverage on the company.
FACT II Acquisition Corp. Unit Price Performance
Shares of NASDAQ:FACTU opened at $9.98 on Friday. FACT II Acquisition Corp. Unit has a twelve month low of $9.93 and a twelve month high of $9.99.
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