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Wednesday, June 29, 2022 2:09:53 PM
The Securities and Exchange Commission (SEC) enforces quiet periods in relation to both IPOs and the release of quarterly earnings reports. It applies to all the companies whose stock shares are already being publicly traded. Specifically, it pertains to the time periods when publicly traded companies’ quarterly earnings reports are published.
You could argue that their current standing on the market doesn't qualify them for this, but I am not arguing how this applies to INSD. Just that quiet periods exist around quarterly reports with some wiggle room to share information if necessary.
Again, not saying that this is the reason they are quiet.
Knowyourbiz is itching to share, but can't. I'm just more pessimistic given INSD's history of sharing information and it not coming to pass.
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