Oaktree Acquisition Corp. III Life Sciences’ (NASDAQ:OACCU) Quiet Period Set To Expire Tomorrow

Oaktree Acquisition Corp. III Life Sciences’ (NASDAQ:OACCUGet Free Report) quiet period will end on Tuesday, December 3rd. Oaktree Acquisition Corp. III Life Sciences had issued 17,500,000 shares in its public offering on October 24th. 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, underwriters and any insiders involved in the IPO are restricted from issuing any earnings forecasts or 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.

Oaktree Acquisition Corp. III Life Sciences Trading Up 0.4 %

NASDAQ OACCU opened at $10.10 on Monday. Oaktree Acquisition Corp. III Life Sciences has a twelve month low of $9.99 and a twelve month high of $10.22.

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