Concorde International Group Ltd.'s (NASDAQ:CIGL) Quiet Period To Expire on June 2nd

Concorde International Group's (NASDAQ:CIGL - Get Free Report) quiet period is set to end on Monday, June 2nd. Concorde International Group had issued 1,250,000 shares in its public offering on April 22nd. The total size of the offering was $5,000,000 based on an initial share price of $4.00. During Concorde International Group's quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end 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.

Concorde International Group Price Performance

Shares of CIGL stock traded up $0.20 during trading on Thursday, reaching $5.50. 28,576 shares of the company's stock were exchanged, compared to its average volume of 42,034. Concorde International Group has a twelve month low of $3.63 and a twelve month high of $7.27.

About Concorde International Group

Concorde International Group Limited is an integrated security services providers that combines physical manpower and innovative technology to deliver effective security solutions. In 2014, we were awarded “The Business Model Innovation Award” by the Singapore Manufacturing Federation. In 2015, we were awarded the “Best Innovative Use of Infocomm Technology Award” by the Singapore Infocomm Technology Federation (“SiTF”).