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

Safe Pro Group Inc. Common Stock’s (NASDAQ:SPAI) quiet period is set to end on Monday, October 7th. Safe Pro Group Inc. Common Stock had issued 1,020,000 shares in its public offering on August 28th. The total size of the offering was $5,100,000 based on an initial share price of $5.00. During Safe Pro Group Inc. Common Stock’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any earnings forecasts or 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.

Safe Pro Group Inc. Common Stock Price Performance

SPAI stock opened at $2.58 on Friday. Safe Pro Group Inc. Common Stock has a fifty-two week low of $2.50 and a fifty-two week high of $4.89.

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

About Safe Pro Group Inc. Common Stock

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.