zSpace, Inc.’s (NASDAQ:ZSPC) Quiet Period Will Expire on January 14th

zSpace’s (NASDAQ:ZSPC) quiet period will expire on Tuesday, January 14th. zSpace had issued 1,875,000 shares in its initial public offering on December 5th. The total size of the offering was $9,375,000 based on an initial share price of $5.00. During the company’s quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration 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.

zSpace Trading Down 13.0 %

Shares of NASDAQ ZSPC opened at $10.15 on Tuesday. zSpace has a 52 week low of $5.25 and a 52 week high of $32.69.

About zSpace

zSpace Technologies, Inc is a provider of commercial augmented reality and virtual reality technology principally in the education market. The Company offers differentiated hardware along with learning software modules for K-12 science, technology, engineering, game design and mathematics applications, as well as workforce-oriented career and technical education applications.