Linkers Industries’ (NASDAQ:LNKS – Get Free Report) quiet period will expire on Tuesday, January 14th. Linkers Industries had issued 1,900,000 shares in its IPO on December 5th. The total size of the offering was $7,600,000 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 earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration 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.
Linkers Industries Trading Down 1.6 %
Shares of LNKS stock opened at $1.26 on Monday. Linkers Industries has a one year low of $1.11 and a one year high of $10.27.
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