Reitar Logtech’s (NASDAQ:RITR – Get Free Report) quiet period will expire on Wednesday, October 2nd. Reitar Logtech had issued 2,125,000 shares in its public offering on August 23rd. The total size of the offering was $8,500,000 based on an initial share price of $4.00. During the company’s quiet period, underwriters and any insiders 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 expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Reitar Logtech Trading Up 4.5 %
Shares of RITR opened at $4.38 on Wednesday. Reitar Logtech has a twelve month low of $3.30 and a twelve month high of $6.87.
About Reitar Logtech
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