Synergy CHC Corp. (Uplisting)’s (NASDAQ:SNYR – Get Free Report) quiet period will expire on Monday, December 2nd. Synergy CHC Corp. (Uplisting) had issued 1,150,000 shares in its IPO 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 that worked on the IPO are restricted from issuing any 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.
Synergy CHC Corp. (Uplisting) Price Performance
Shares of NASDAQ:SNYR opened at $5.80 on Monday. Synergy CHC Corp. has a twelve month low of $0.12 and a twelve month high of $10.00.
Insider Buying and Selling at Synergy CHC Corp. (Uplisting)
In other news, CEO Jack Ross purchased 300,000 shares of the business’s 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 owns 300,000 shares of the company’s stock, valued at $2,700,000. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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.
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