FACT II Acquisition Corp. Unit’s (NASDAQ:FACTU) Quiet Period To Expire on January 6th

FACT II Acquisition Corp. Unit’s (NASDAQ:FACTUGet Free Report) quiet period is set to end on Monday, January 6th. FACT II Acquisition Corp. Unit had issued 17,500,000 shares in its initial public offering on November 26th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. During FACT II Acquisition Corp. Unit’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.

FACT II Acquisition Corp. Unit Stock Performance

Shares of NASDAQ FACTU opened at $9.98 on Friday. FACT II Acquisition Corp. Unit has a 12-month low of $9.93 and a 12-month high of $9.99.

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