Fast Track Solutions' (OTCMKTS:FTRK - Get Free Report) quiet period is set to end on Wednesday, July 2nd. Fast Track Solutions had issued 3,750,000 shares in its IPO on May 23rd. The total size of the offering was $15,000,000 based on an initial share price of $4.00. During the company's quiet period, insiders and underwriters involved in the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. 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.
Fast Track Solutions Trading Down 30.3%
FTRK traded down $0.43 on Friday, hitting $0.99. 2,386,710 shares of the stock traded hands, compared to its average volume of 2,503,369. The business has a fifty day moving average price of $2.32 and a two-hundred day moving average price of $0.81. Fast Track Solutions has a 52 week low of $0.96 and a 52 week high of $9.69.
Fast Track Solutions Company Profile
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Fast Track Solutions, Inc operates as a blank check company. It is formed to pursue a business combination to seek the acquisition of or merger with, an existing company. The company is headquartered in Cranston, RI.
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