Alta Global Group’s (NYSE:MMA – Get Free Report) quiet period is set to expire on Tuesday, May 7th. Alta Global Group had issued 1,300,000 shares in its initial public offering on March 28th. The total size of the offering was $6,500,000 based on an initial share price of $5.00. During Alta Global Group’s quiet period, underwriters and any insiders involved in 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 end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Alta Global Group Price Performance
Shares of Alta Global Group stock opened at $3.16 on Thursday. Alta Global Group has a 52-week low of $2.87 and a 52-week high of $5.25.
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