NewHold Investment Corp. II’s (OTCMKTS:NHICU) Quiet Period Set To End Tomorrow

NewHold Investment Corp. II’s (OTCMKTS:NHICU) quiet period will expire on Wednesday, April 9th. NewHold Investment Corp. II had issued 17,500,000 shares in its IPO on February 28th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

NewHold Investment Corp. II Trading Down 0.1 %

Shares of NHICU opened at $10.03 on Tuesday. The business’s fifty day moving average price is $10.12 and its two-hundred day moving average price is $10.19. NewHold Investment Corp. II has a 52 week low of $10.02 and a 52 week high of $10.10.

About NewHold Investment Corp. II

NewHold Investment Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on the industrial technology business.