Preview: Shimmick Corporation Set To IPO Tomorrow
Portfolio Pulse from Benzinga Insights
Shimmick Corporation (NASDAQ:SHIM) is set to IPO on November 03 on the NASDAQ exchange under the ticker SHIM. The company is offering shares at an expected price between $10.00 and $12.00 per share with an insider lock-up period of 180 days ending on May 01, 2024. Shimmick Corporation is a leading provider of water and other critical infrastructure solutions nationwide.
November 02, 2023 | 3:00 pm
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Shimmick Corporation is set to IPO on NASDAQ. The shares are expected to be priced between $10-$12 with an insider lock-up period of 180 days.
The news is directly about Shimmick Corporation's IPO. The pricing of the shares and the lock-up period could influence investor decisions and thus the stock's performance. However, as it is an IPO, the short-term price direction is uncertain and depends on various factors including market conditions and investor sentiment on the IPO day.
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