Reliance Global Group Inc (RELI)

[shanak10]

Timeline of a Typical Quiet Period
For private companies issuing public shares for the first time (IPO), the quiet period begins once management and the underwriters reach an agreement and file a registration statement (S-1) with the SEC. Once the SEC completes their review process, the S-1 becomes available to the public, marking the beginning of the “waiting period.” The waiting period starts when the S-1 becomes publicly available and ends on the day the price is set for the issued securities. Once the pricing is complete, the company enters the final phase of the quiet period. The goal of this phase is to allow stock to trade without influence from new information. The length of this phase is determined by the underwriting banks and can last anywhere from 10–25 days.

As per link below
https://gilmartinir.com/what-is-a-quiet-period/#:~:text=Once%20the%20SEC%20completes%20their,set%20for%20the%20issued%20securities.