DarkIris Inc.'s Quiet Period Set To Expire on September 17th (NASDAQ:DKI)
MarketBeat
DarkIris' (NASDAQ:DKI - Get Free Report) quiet period will end on Wednesday, September 17th. DarkIris had issued 1,500,000 shares in its initial public offering on August 8th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During the company's quiet period, underwriters and any insiders that worked on 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:DKI