Linkers Industries’ (NASDAQ:LNKS – Get Free Report) quiet period is set to expire on Tuesday, January 14th. Linkers Industries had issued 1,900,000 shares in its public offering on December 5th. The total size of the offering was $7,600,000 based on an initial share price of $4.00. During Linkers Industries’ quiet period, underwriters and any insiders involved in the IPO are restricted 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, the brokerages that served as underwriters will likely initiate research coverage on the company.
Linkers Industries Trading Down 4.9 %
NASDAQ LNKS opened at $1.56 on Tuesday. Linkers Industries has a 1 year low of $1.24 and a 1 year high of $10.27.
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