Venu’s (NYSEAMERICAN:VENU – Get Free Report) quiet period is set to expire on Monday, January 6th. Venu had issued 1,200,000 shares in its public offering on November 27th. The total size of the offering was $12,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters that worked on 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 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.
Venu Stock Up 2.7 %
NYSEAMERICAN:VENU opened at $9.40 on Friday. Venu has a 12-month low of $8.75 and a 12-month high of $11.15.
Venu Company Profile
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