Global Engine Group’s (NASDAQ:GLE – Get Free Report) quiet period will end on Wednesday, October 30th. Global Engine Group had issued 2,000,000 shares in its public offering on September 20th. The total size of the offering was $8,000,000 based on an initial share price of $4.00. During the company’s quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Global Engine Group Trading Down 0.2 %
Shares of GLE stock opened at $4.14 on Friday. Global Engine Group has a twelve month low of $3.75 and a twelve month high of $5.24.
About Global Engine Group
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