Blockchain Moon Acquisition Corp.’s Quiet Period To Expire on November 29th (NASDAQ:BMAQU)

Blockchain Moon Acquisition’s (NASDAQ:BMAQU) quiet period is set to expire on Monday, November 29th. Blockchain Moon Acquisition had issued 10,000,000 shares in its initial public offering on October 19th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. During Blockchain Moon Acquisition’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports 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.

Shares of BMAQU opened at $10.68 on Friday. Blockchain Moon Acquisition has a 52-week low of $10.09 and a 52-week high of $11.33.

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