BOA Acquisition Corp. II’s Quiet Period Set To Expire on September 14th (NASDAQ:THEOU)

by · The Cerbat Gem

BOA Acquisition Corp. II’s (NASDAQ:THEOU – Get Free Report) quiet period is set to end on Monday, September 14th. BOA Acquisition Corp. II had issued 12,500,000 shares in its initial public offering on August 4th. The total size of the offering was $125,000,000 based on an initial share price of $10.00. During BOA Acquisition Corp. II’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 expiration 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.

Analyst Ratings Changes

Separately, Wall Street Zen raised BOA Acquisition Corp. II to a “hold” rating in a research report on Saturday, August 15th.

Read Our Latest Analysis on THEOU

BOA Acquisition Corp. II Price Performance

Shares of NASDAQ THEOU opened at $10.25 on Friday. BOA Acquisition Corp. II has a 52-week low of $10.07 and a 52-week high of $10.25.

BOA Acquisition Corp. II Company Profile

(Get Free Report)

BOA Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. Potential transactions may include a merger, acquisition, stock purchase, reorganization or similar corporate combination.

As a SPAC, BOA Acquisition Corp. II does not have an established operating business, product portfolio or defined geographic market. Its activities are primarily focused on evaluating potential target companies and pursuing an initial business combination.

Publicly available information about the company’s target industry, geographic focus and leadership is limited.

See Also