Robot Consulting Co., Ltd.'s Quiet Period To End on August 26th (NASDAQ:LAWR)

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Robot Consulting's (NASDAQ:LAWR - Get Free Report) quiet period is set to expire on Tuesday, August 26th. Robot Consulting had issued 3,750,000 shares in its initial public offering on July 17th. The total size of the offering was $15,000,000 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 restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Robot Consulting to a "hold" rating in a research report on Saturday, July 26th.

Robot Consulting Stock Up 5.7%

Shares of NASDAQ LAWR traded up $0.11 during trading on Friday, hitting $2.04. The company had a trading volume of 96,250 shares, compared to its average volume of 512,646. Robot Consulting has a 12 month low of $1.50 and a 12 month high of $4.41.

About Robot Consulting

Robot Consulting Co Ltd. is a platform service provider focusing on human resource solutions with an intention to expand into legal technology and the metaverse. The Company's major product, Labor Robot, is a cloud-based human resource management system which helps users track employee attendance, manage sales orders and journalize accounting items.