Safe Pro Group Inc. Common Stock’s Quiet Period Will Expire on October 7th (NASDAQ:SPAI)

Safe Pro Group Inc. Common Stock’s (NASDAQ:SPAI) quiet period is set to expire on Monday, October 7th. Safe Pro Group Inc. Common Stock had issued 1,020,000 shares in its IPO on August 28th. The total size of the offering was $5,100,000 based on an initial share price of $5.00. During the company’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Safe Pro Group Inc. Common Stock Trading Down 5.5 %

Shares of SPAI opened at $2.73 on Wednesday. Safe Pro Group Inc. Common Stock has a 12 month low of $2.50 and a 12 month high of $4.89.

Safe Pro Group Inc. Common Stock (NASDAQ:SPAI) last announced its earnings results on Thursday, September 26th. The company reported ($0.14) EPS for the quarter. The firm had revenue of $0.64 million for the quarter.

Safe Pro Group Inc. Common Stock Company Profile

Safe Pro Group Inc manufactures and sells personal protective gear and ballistic protection products in the United States. The company offers explosive ordinance disposal and unexploded ordinance disposal products; ballistic vests; and body armor, helmets, and ballistic blankets, as well as aerial managed services (drones) for the inspection of radio towers and power grids.