arachnodude Monday, 06/29/20 10:21:50 AM Post # 193525 of 193557
Quote: The federal securities laws do not define the term "quiet period," which is also referred to as the "waiting period." However, a quiet period extends from the time a company files a registration statement with the SEC until SEC staff declare the registration statement "effective." During that period, the federal securities laws limit what information a company and related parties can release to the public.
Not being Maxim's first rodeo, here, I'm sure they know what should and should not be released during this time.