Lianhe Sowell International Group’s (NASDAQ:LHSW – Get Free Report) quiet period is set to expire on Tuesday, May 13th. Lianhe Sowell International Group had issued 2,000,000 shares in its public offering on April 3rd. The total size of the offering was $8,000,000 based on an initial share price of $4.00. During Lianhe Sowell International Group’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Lianhe Sowell International Group Trading Down 3.2 %
LHSW opened at $3.00 on Friday. Lianhe Sowell International Group has a twelve month low of $2.02 and a twelve month high of $8.18.
Lianhe Sowell International Group Company Profile
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