Kardigan, Inc.'s (NASDAQ:KARD) Quiet Period To End on July 28th
MarketBeat
Kardigan's (NASDAQ:KARD - Get Free Report) quiet period will end on Tuesday, July 28th. Kardigan had issued 25,000,000 shares in its IPO on June 18th. The total size of the offering was $400,000,000 based on an initial share price of $16.00. During Kardigan's quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any research reports for the company because of SEC regulations. 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.
NASDAQ:KARD