Synergy CHC Corp. (Uplisting)’s (NASDAQ:SNYR) Quiet Period Will Expire on December 2nd

Synergy CHC Corp. (Uplisting)’s (NASDAQ:SNYR) quiet period is set to end on Monday, December 2nd. Synergy CHC Corp. (Uplisting) had issued 1,150,000 shares in its initial public offering on October 23rd. The total size of the offering was $10,350,000 based on an initial share price of $9.00. 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, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Synergy CHC Corp. (Uplisting) Stock Performance

SNYR opened at $5.80 on Monday. Synergy CHC Corp. has a 1 year low of $0.12 and a 1 year high of $10.00.

Insider Transactions at Synergy CHC Corp. (Uplisting)

In other news, CEO Jack Ross bought 300,000 shares of the stock in a transaction dated Thursday, October 24th. The stock was bought at an average price of $9.00 per share, for a total transaction of $2,700,000.00. Following the purchase, the chief executive officer now directly owns 300,000 shares in the company, valued at $2,700,000. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

About Synergy CHC Corp. (Uplisting)

Synergy CHC Corp. provides consumer health care, beauty, and lifestyle products in the United States, Canada, and the United Kingdom. It offers brain health nutritional supplements under the FOCUSfactor brand name; lifestyle and wellness products and accessories, including tea, shakes, lollipops, supplements, apparel, and exercise accessories under the Flat Tummy brand name; products for hands under the Hand MD brand name.