ReTo Eco-Solutions Inc’s Quiet Period To Expire Tomorrow (NASDAQ:RETO)
ReTo Eco-Solutions’ (NASDAQ:RETO) quiet period will expire on Monday, January 8th. ReTo Eco-Solutions had issued 2,800,000 shares in its IPO on November 29th. The total size of the offering was $14,000,000 based on an initial share price of $5.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. 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 ReTo Eco-Solutions (RETO) opened at $8.58 on Friday. ReTo Eco-Solutions has a 52 week low of $5.94 and a 52 week high of $12.75.
ReTo Eco-Solutions Company Profile
ReTo Eco-Solutions, Inc is a holding company. The Company is focused on manufacturing and distributing of eco-friendly construction materials such as aggregates, bricks, pavers and tiles, made from mining waste or iron tailings and fly-ash, as well as equipment used for the production of these eco-friendly construction materials.
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