Property Solutions Acquisition Co. II Units’ Quiet Period Set To Expire on April 13th (NASDAQ:PSAGU)


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Property Solutions Acquisition Co. II Units’ (NASDAQ:PSAGU) quiet period is set to expire on Tuesday, April 13th. Property Solutions Acquisition Co. II Units had issued 30,000,000 shares in its public offering on March 4th. The total size of the offering was $300,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any research reports or earnings estimates 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 PSAGU stock opened at $9.99 on Thursday. Property Solutions Acquisition Co. II Units has a 52-week low of $9.71 and a 52-week high of $10.03.

Property Solutions Acquisition Co. II Units Company Profile

Property Solutions Acquisition Corp. II, a blank check company, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.

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