Karman Line Acquisition’s (NASDAQ:XTER – Get Free Report) quiet period is set to end on Monday, September 28th. Karman Line Acquisition had issued 20,000,000 shares in its public offering on August 18th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During Karman Line Acquisition’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end 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.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised Karman Line Acquisition to a “hold” rating in a research report on Wednesday, September 2nd.
Check Out Our Latest Analysis on XTER
Karman Line Acquisition Stock Performance
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