SK hynix Inc.'s Quiet Period To Expire on August 19th (NASDAQ:SKHY)
MarketBeat
SK hynix's (NASDAQ:SKHY - Get Free Report) quiet period is set to expire on Wednesday, August 19th. SK hynix had issued 177,900,000 shares in its initial public offering on July 10th. The total size of the offering was $26,507,100,000 based on an initial share price of $149.00. During the company's quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration 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:SKHY