
Friday, January 10, 2025 2:27:40 PM
OTC Stocks and Quiet Periods
Quiet Period for IPOs or New Listings:
If an OTC stock is newly listed or transitioning from a private company to a public one (e.g., through an IPO or direct listing), the company might voluntarily observe a quiet period. This is typically a period (often 25-40 days) after the stock begins trading, during which the company and its underwriters refrain from making forward-looking statements or promotional comments to avoid influencing the stock price."
Unless it is not an IPO and already trading - there isn't a" QUIET PERIOD" for OTC stocks.
Sharp is making excuses such as a non-existent quiet period - it certainly isn't a reason.
No, OTC stocks generally do not have a formal quiet period like companies undergoing an IPO or registered public offerings on major exchanges (e.g., NYSE or NASDAQ).
Quiet Period Definition:
A "quiet period" typically refers to the time when a company and its insiders are restricted from making public statements that could influence stock prices, mainly during IPOs or secondary offerings. This is mandated under SEC Regulation S-K for registered offering.
But Sharp broke the quiet period by providing an update on X. The problem is there isn't a OTC quiet period for any of the Sharp shells.
Sharp has duped you once again.
IG
The First Casualty of Emotion is Reason.
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