Apnimed, Inc.'s Quiet Period Will End on September 9th (NASDAQ:APMD)
MarketBeat
Apnimed's (NASDAQ:APMD - Get Free Report) quiet period will expire on Wednesday, September 9th. Apnimed had issued 12,000,000 shares in its initial public offering on July 31st. The total size of the offering was $192,000,000 based on an initial share price of $16.00. During Apnimed's quiet period, underwriters and any insiders that worked on the IPO are restricted 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.
NASDAQ:APMD
