Klarna Group plc's Quiet Period Will End on October 20th (NYSE:KLAR)
MarketBeat
Klarna Group's (NYSE:KLAR - Get Free Report) quiet period is set to end on Monday, October 20th. Klarna Group had issued 34,311,274 shares in its initial public offering on September 10th. The total size of the offering was $1,372,450,960 based on an initial share price of $40.00. During the company's quiet period, underwriters and any insiders 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.
NYSE:KLAR
