EHang Holdings Limited’s (NASDAQ:EH) Quiet Period To Expire Tomorrow
EHang’s (NASDAQ:EH) quiet period is set to expire on Tuesday, January 21st. EHang had issued 3,200,000 shares in its IPO on December 12th. The total size of the offering was $40,000,000 based on an initial share price of $12.50. During the company’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. 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.
NASDAQ:EH opened at $13.21 on Monday. EHang has a 12 month low of $7.84 and a 12 month high of $14.57.
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