Polyrizon Ltd.’s Quiet Period To End on December 9th (NASDAQ:PLRZ)

Polyrizon’s (NASDAQ:PLRZ) quiet period is set to expire on Monday, December 9th. Polyrizon had issued 958,903 shares in its IPO on October 29th. The total size of the offering was $4,199,995 based on an initial share price of $4.38. During Polyrizon’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Polyrizon Price Performance

Shares of PLRZ opened at $0.94 on Monday. Polyrizon has a 12 month low of $0.77 and a 12 month high of $1.97.

Polyrizon Company Profile

Polyrizon Ltd. is a development stage biotech company specializing in the development of medical device hydrogels delivered in the form of nasal sprays. Polyrizon Ltd. is based in Raanana, Israel.