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BUUU Group Limited's (NASDAQ:BUUU) Quiet Period Will Expire on September 23rd

Key Points

  • BUUU Group Limited's quiet period is set to expire on September 23rd, allowing brokerages to initiate research coverage following this date.
  • The company issued 1,500,000 shares in its initial public offering on August 14th, with a total offering size of $6,000,000.
  • Currently, BUUU stock is trading at $7.30, having a fifty-two week low of $3.67 and a high of $9.50.
  • MarketBeat previews the top five stocks to own by October 1st.

BUUU Group's (NASDAQ:BUUU - Get Free Report) quiet period is set to expire on Tuesday, September 23rd. BUUU Group had issued 1,500,000 shares in its initial public offering on August 14th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During the company's quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the expiration of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded BUUU Group to a "hold" rating in a research note on Saturday, August 23rd.

View Our Latest Stock Report on BUUU Group

BUUU Group Stock Performance

BUUU stock opened at $7.30 on Tuesday. BUUU Group has a fifty-two week low of $3.67 and a fifty-two week high of $9.50.

BUUU Group Company Profile

(Get Free Report)

Established in 2017, we have rapidly grown into a premier Meetings, Incentives, Conferences, and Exhibitions (“MICE”) solutions provider based in Hong Kong. Our comprehensive marketing service portfolio is designed to meet the diverse needs of our clients, spanning across two core areas: (i) event management and (ii) stage production.

Further Reading

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