Intelligent Group Limited’s Quiet Period To End on April 29th (NASDAQ:INTJ)

Intelligent Group’s (NASDAQ:INTJ) quiet period will end on Monday, April 29th. Intelligent Group had issued 1,875,000 shares in its public offering on March 20th. The total size of the offering was $7,500,000 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 restricted 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, the brokerages that served as underwriters will likely initiate research coverage on the company.

Intelligent Group Trading Up 1.3 %

INTJ opened at $1.57 on Monday. Intelligent Group has a twelve month low of $1.41 and a twelve month high of $7.87.

About Intelligent Group

Intelligent Group Limited, through its subsidiaries, provides financial public relations services. Its financial PR services include creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.