99 Acquisition Group Inc. Unit’s Quiet Period To End on September 27th (NASDAQ:NNAGU)

Posted by on Sep 20th, 2023

99 Acquisition Group Inc. Unit’s (NASDAQ:NNAGU – Get Free Report) quiet period will expire on Wednesday, September 27th. 99 Acquisition Group Inc. Unit had issued 7,500,000 shares in its IPO on August 18th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

99 Acquisition Group Inc. Unit Stock Down 0.3 %

Shares of NNAGU opened at $10.31 on Wednesday. 99 Acquisition Group Inc. Unit has a 52 week low of $10.14 and a 52 week high of $10.42.

99 Acquisition Group Inc. Unit Company Profile

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99 Acquisition Group Inc focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on identifying businesses in the real estate industry. The company was incorporated in 2022 is based in Gaithersburg, Maryland.

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