Linkhome Holdings Inc.'s Quiet Period Set To Expire on September 2nd (NASDAQ:LHAI)

Key Points

• Linkhome Holdings Inc.'s quiet period is set to expire on September 2nd, following its public offering of 1,500,000 shares that raised $6,000,000.
• After the quiet period, brokerages are expected to initiate research coverage on Linkhome, which could influence future stock performance.
• Linkhome shares opened at $6.87, with a twelve-month price range between $4.20 and $22.33.

Linkhome's (NASDAQ:LHAI - Get Free Report) quiet period is set to end on Tuesday, September 2nd. Linkhome had issued 1,500,000 shares in its initial public offering on July 24th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During Linkhome's quiet period, insiders and underwriters that worked on the IPO are prevented 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.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Linkhome to a "hold" rating in a research note on Saturday, July 26th.

Linkhome Trading Up 4.5%

LHAI traded up $0.36 during trading on Friday, hitting $8.41. The company's stock had a trading volume of 774,530 shares, compared to its average volume of 1,888,955. Linkhome has a twelve month low of $4.20 and a twelve month high of $22.33.

About Linkhome

Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes.