|Bid||9.95 x 1200|
|Ask||9.97 x 1200|
|Day's Range||9.93 - 9.95|
|52 Week Range||9.65 - 10.06|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Mark Ein-led Capitol Investment Corp. IV (NYSE: CIC) hopes to strike a deal to buy or merge with another company in the next 18 months. The approval of that plan would give the company 18 months — and during that time the company says it will satisfy that threshold by forming a business combination. A blank check company raises funds in an IPO — usually through a limited number of institutional investors — and then invests the cash to buy or merge with another company.
WASHINGTON, Oct. 9, 2018 /PRNewswire/ -- Capitol Investment Corp. IV (NYSE: CIC, the "Company") announced that on October 3, 2018, it received a notice from the staff of NYSE Regulation (the "Staff") of the New York Stock Exchange ("NYSE") stating that, based on the Staff's records, the Company is not currently in compliance with Section 802.01B of the NYSE Listed Company Manual. The Company is not currently in compliance with Section 802.01B of the Listed Company Manual, which is a criteria for continued listing on the NYSE, because it does not have at least 300 "public stockholders," which includes beneficial holders and holders of record, but does not include any holder who is, either directly or indirectly, an executive officer, director, or the beneficial holder of more than 10% of the total shares outstanding.
Capitol Investment Corp IV (NYSE:CIC), a $115.00M small-cap, operates in the capital markets industry, which has been simplifying their business and operating models over the last few years, both forRead More...