Primega Group’s (NASDAQ:PGHL – Get Free Report) quiet period will expire on Monday, September 2nd. Primega Group had issued 1,750,000 shares in its initial public offering on July 23rd. The total size of the offering was $7,000,000 based on an initial share price of $4.00. During Primega Group’s quiet period, insiders and any underwriters involved in 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, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Primega Group Stock Up 0.8 %
NASDAQ PGHL opened at $6.30 on Wednesday. Primega Group has a 12 month low of $3.60 and a 12 month high of $9.55.
Primega Group Company Profile
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