Huachen AI Parking Management Technology Holding Co., Ltd’s (NASDAQ:HCAI) Quiet Period To Expire on March 17th

Huachen AI Parking Management Technology’s (NASDAQ:HCAI) quiet period will expire on Monday, March 17th. Huachen AI Parking Management Technology had issued 1,500,000 shares in its IPO on February 5th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During Huachen AI Parking Management Technology’s quiet period, underwriters and any insiders that worked on 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 end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Huachen AI Parking Management Technology Stock Up 6.1 %

Shares of HCAI stock opened at $5.73 on Monday. Huachen AI Parking Management Technology has a 12 month low of $3.70 and a 12 month high of $6.16.

About Huachen AI Parking Management Technology

We are a comprehensive smart parking solutions and equipment structural parts provider and conduct all our operations through our Operating Subsidiaries in China. The Operating Subsidiaries provide customized parking solutions to optimize efficiency in limited parking spaces, covering smart cubic parking garage design, cubic parking equipment manufacturing, sales, installation, and maintenance.