Dynamix’s (NASDAQ:DYNXU – Get Free Report) quiet period is set to expire on Tuesday, December 31st. Dynamix had issued 15,000,000 shares in its initial public offering on November 21st. The total size of the offering was $150,000,000 based on an initial share price of $10.00. During the company’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 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.
Dynamix Stock Performance
Shares of NASDAQ:DYNXU opened at $9.95 on Thursday. Dynamix has a 52-week low of $9.91 and a 52-week high of $9.98.
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