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Everbright Digital Holding Ltd.'s (NASDAQ:EDHL) Quiet Period To End on May 27th

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Everbright Digital's (NASDAQ:EDHL - Get Free Report) quiet period will expire on Tuesday, May 27th. Everbright Digital had issued 1,500,000 shares in its initial public offering on April 17th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During Everbright Digital's quiet period, insiders and any underwriters that worked on 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.

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