NIP Group’s (NASDAQ:NIPG – Get Free Report) quiet period will end on Wednesday, September 4th. NIP Group had issued 2,250,000 shares in its initial public offering on July 26th. The total size of the offering was $20,250,000 based on an initial share price of $9.00. During NIP Group’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any research reports for the company because of SEC regulations. 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.
NIP Group Stock Performance
Shares of NASDAQ NIPG opened at $7.98 on Tuesday. NIP Group has a one year low of $6.60 and a one year high of $17.76.
About NIP Group
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