Decent Holding Inc.’s Quiet Period To End on March 3rd (NASDAQ:DXST)

Decent’s (NASDAQ:DXST) quiet period will expire on Monday, March 3rd. Decent had issued 1,250,000 shares in its initial public offering on January 22nd. The total size of the offering was $5,000,000 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 research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Decent Stock Up 1.5 %

DXST traded up $0.02 during midday trading on Friday, hitting $1.35. The stock had a trading volume of 13,980 shares, compared to its average volume of 733,852. Decent has a 1 year low of $1.21 and a 1 year high of $5.74.

About Decent

Decent Holding, Inc engages in the provision of wastewater treatment by cleansing the industrial wastewater, ecological river restoration, and river ecosystem management. Its products and services include river water quality management and microbial products for water quality enhancement and pollutant cleansing purposes.