Hanryu Holdings, Inc.’s (NASDAQ:HRYU) Quiet Period Set To End on September 11th

Hanryu’s (NASDAQ:HRYU) quiet period will end on Monday, September 11th. Hanryu had issued 877,328 shares in its public offering on August 1st. The total size of the offering was $8,773,280 based on an initial share price of $10.00. During Hanryu’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any research reports for the company because of SEC regulations. 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.

Hanryu Price Performance

HRYU opened at $4.69 on Monday. Hanryu has a 1-year low of $3.41 and a 1-year high of $9.50.

About Hanryu

Hanryu Holdings, Inc operates FANTOO, an online social media platform that connects users worldwide that share similar interests. Its platform allows users to interact with other like-minded users to share their appreciation of various types of entertainment and cultures, create and monetize their content, enjoy other users content, engage in commerce, and experience a fandom community.