NewHold Investment Corp. II’s (OTCMKTS:NHICU) Quiet Period Set To End Tomorrow

NewHold Investment Corp. II’s (OTCMKTS:NHICU) quiet period is set to expire on Wednesday, April 9th. NewHold Investment Corp. II had issued 17,500,000 shares in its initial public offering on February 28th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. During NewHold Investment Corp. II’s quiet period, underwriters and any insiders 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, the brokerages that served as underwriters will likely initiate research coverage on the company.

NewHold Investment Corp. II Stock Down 0.1 %

Shares of OTCMKTS:NHICU opened at $10.03 on Tuesday. The company has a 50 day moving average price of $10.12 and a two-hundred day moving average price of $10.19. NewHold Investment Corp. II has a 52 week low of $10.02 and a 52 week high of $10.10.

About NewHold Investment Corp. II

NewHold Investment Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on the industrial technology business.