Puhui Wealth Investment Managemnt Co Ltd’s Quiet Period Will Expire on February 5th (NASDAQ:PHCF)
Puhui Wealth Investment Managemnt’s (NASDAQ:PHCF) quiet period will expire on Tuesday, February 5th. Puhui Wealth Investment Managemnt had issued 2,000,000 shares in its IPO on December 27th. The total size of the offering was $12,000,000 based on an initial share price of $6.00. During the company’s quiet period, insiders and any underwriters involved in 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.
Shares of PHCF opened at $5.24 on Tuesday. Puhui Wealth Investment Managemnt has a 12 month low of $4.50 and a 12 month high of $6.30.
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Puhui Wealth Investment Managemnt Company Profile
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