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trader59

03/08/22 8:22 PM

#107396 RE: Jean Naymar #107394

This wasn't an IPO and the offering was closed, what, 2 weeks ago?
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TenKay

03/08/22 9:39 PM

#107399 RE: Jean Naymar #107394

Well first…

There is no regulatory requirement for such a “quiet period”…but some companies informally follow it.

And second…

Quiet periods associated with an s-1 “offering” (and btw this was not an IPO as the stock was already publicly traded) ENDS when the S-1 goes effective, which has already happened…so there is no longer a quiet period.