LB Pharmaceuticals Inc's Quiet Period Set To End on October 21st (NASDAQ:LBRX)
MarketBeat
LB Pharmaceuticals' (NASDAQ:LBRX - Get Free Report) quiet period will end on Tuesday, October 21st. LB Pharmaceuticals had issued 19,000,000 shares in its public offering on September 11th. The total size of the offering was $285,000,000 based on an initial share price of $15.00. During the company's quiet period, underwriters and any insiders 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 expiration of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
NASDAQ:LBRX