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AlphaVest Acquisition Corp Unit's Quiet Period To Expire on January 30th (NASDAQ:ATMVU)

Defense World ·  Jan 23, 2023 01:01

AlphaVest Acquisition Corp Unit's (NASDAQ:ATMVU – Get Rating) quiet period will end on Monday, January 30th. AlphaVest Acquisition Corp Unit had issued 6,000,000 shares in its public offering on December 20th. The total size of the offering was $60,000,000 based on an initial share price of $10.00. During the company's quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any 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.

AlphaVest Acquisition Corp Unit Stock Performance

ATMVU stock opened at $10.20 on Monday. AlphaVest Acquisition Corp Unit has a fifty-two week low of $10.02 and a fifty-two week high of $10.22.

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About AlphaVest Acquisition Corp Unit

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AlphaVest Acquisition Corp operates as a blank check company that intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in New York, New York. AlphaVest Acquisition Corp operates as a subsidiary of AlphaVest Holding LP.

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