Epsium Enterprise Ltd's (NASDAQ:EPSM) Quiet Period Set To End on May 5th

Epsium Enterprise's (NASDAQ:EPSM - Get Free Report) quiet period will expire on Monday, May 5th. Epsium Enterprise had issued 1,250,000 shares in its initial public offering on March 26th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. During the company's quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Epsium Enterprise Stock Performance

Shares of Epsium Enterprise stock traded up $0.15 during trading hours on Friday, hitting $8.47. The company's stock had a trading volume of 11,165 shares, compared to its average volume of 713,965. Epsium Enterprise has a 12 month low of $4.23 and a 12 month high of $8.95.

About Epsium Enterprise

We are a holding company incorporated under the laws of British Virgin Islands. As a holding company with no material operation of its own, we conduct substantially all our operations through an indirect Macau subsidiary, Companhia de Comercio Luz Limitada in Macau, or Luz. Luz is an 80%-owned subsidiary of Epsium Enterprise Limited in Hong Kong, or Epsium HK.