Reliance Global Group Inc (RELI)

[shanak10]

On that point ( alleged Quiet period) the only person who has continually insisted there is a Quiet Period has been the Israeli NDA holder. I find that very strange. Has the IR/ PR firm also stated the Company is in a Quiet Period?

I will post it one more time on this board. Hard for me to believe that experienced traders on board dispute it.

BY JOSHUA KENNON
Updated September 17, 2020
The quiet period on Wall Street is the period of time before a company's IPO and after the company registers with the Securities and Exchange Commission (SEC). During this time, the company must not share any information that isn't already contained in its registration. The quiet period is intended to avoid inflating stock prices before an IPO or providing some investors access to insider information.

Learn more about how the quiet period works and which exceptions are allowed.

What Is the Quiet Period on Wall Street?
On Wall Street, the quiet period is the period of time during an initial public offering (IPO) when the company making the IPO must be silent about the business so as not to impact stock prices or artificially inflate the worth of the company.

The quiet period begins after the business and underwriters file the registration for their IPO and lasts until 40 days after the stock starts trading. During this time, the company must not issue any new information that is not already contained in the registration statement.

Disclosure of additional information would be a violation of the quiet period and could be considered insider information.

If you are a regular investor who doesn't have a lot of contact with Wall Street or company management, it's unlikely you'll be affected by the quiet period. You will still be able to read important regulatory filings at the time of their release to develop a comprehensive picture of the companies in which you are considering investing.

Alternate definition: The quiet period can also refer to the four weeks before the close of the business quarter when a publicly-traded company files its quarterly earnings report.

During this time, company executives are forbidden to speak to the public about the business. The prohibition avoids giving analysts, journalists, certain registered investment advisors, private investors, and portfolio managers an unfair advantage.

In both cases, the term refers to a period of time when information sharing about a company is limited to reduce the chances that fraudulent activity or insider trading will occur.

Alternate names: waiting period, cooling-off period

https://www.thebalance.com/what-is-the-quiet-period-on-wall-street-357644#:~:text=The%20quiet%20period%20begins%20after,contained%20in%20the%20registration%20statement.