China SXT Pharmaceuticals Inc’s Quiet Period Will End on February 13th (NASDAQ:SXTC)
China SXT Pharmaceuticals’ (NASDAQ:SXTC) quiet period will expire on Wednesday, February 13th. China SXT Pharmaceuticals had issued 2,546,275 shares in its public offering on January 4th. The total size of the offering was $10,185,100 based on an initial share price of $4.00. During the company’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Shares of China SXT Pharmaceuticals stock opened at $5.88 on Friday. China SXT Pharmaceuticals has a twelve month low of $3.62 and a twelve month high of $23.35.
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