Waton Financial Ltd's (NASDAQ:WTF) Quiet Period Will Expire on May 12th
MarketBeat
Waton Financial's (NASDAQ:WTF - Get Free Report) quiet period is set to end on Monday, May 12th. Waton Financial had issued 4,375,000 shares in its public offering on April 1st. The total size of the offering was $17,500,000 based on an initial share price of $4.00. During Waton Financial's quiet period, insiders and underwriters involved in the IPO are prevented 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.
NASDAQ:WTF