Super Hi International Holding Ltd.’s Quiet Period Set To End on June 26th (NASDAQ:HDL)

Super Hi International’s (NASDAQ:HDL) quiet period is set to end on Wednesday, June 26th. Super Hi International had issued 2,692,700 shares in its IPO on May 17th. The total size of the offering was $52,669,212 based on an initial share price of $19.56. During Super Hi International’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end 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.

Super Hi International Stock Performance

HDL opened at $17.28 on Wednesday. Super Hi International has a 52-week low of $16.66 and a 52-week high of $30.00.

Super Hi International Company Profile

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.