Venu’s (NYSEAMERICAN:VENU – Get Free Report) quiet period will expire on Monday, January 6th. Venu had issued 1,200,000 shares in its public offering on November 27th. The total size of the offering was $12,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any earnings forecasts or 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.
Venu Stock Performance
Shares of Venu stock opened at $9.40 on Friday. Venu has a 12-month low of $8.75 and a 12-month high of $11.15.
About Venu
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