JIADE’s (NASDAQ:JDZG – Get Free Report) quiet period will expire on Monday, June 24th. JIADE had issued 2,000,000 shares in its initial public offering on May 15th. The total size of the offering was $8,000,000 based on an initial share price of $4.00. During the company’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any earnings forecasts or 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.
JIADE Price Performance
Shares of NASDAQ:JDZG opened at $0.88 on Monday. JIADE has a 12 month low of $0.76 and a 12 month high of $15.08.
About JIADE
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