Patria Latin American Opportunity Acquisition Corp’s Quiet Period To Expire on April 19th (NASDAQ:PLAOU)

Patria Latin American Opportunity Acquisition’s (NASDAQ:PLAOUGet Rating) quiet period will expire on Tuesday, April 19th. Patria Latin American Opportunity Acquisition had issued 20,000,000 shares in its initial public offering on March 10th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During Patria Latin American Opportunity Acquisition’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any earnings forecasts or 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.

Shares of PLAOU stock opened at $10.12 on Tuesday. Patria Latin American Opportunity Acquisition has a 52-week low of $10.03 and a 52-week high of $10.12.

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