Venu’s (NYSEAMERICAN:VENU – Get Free Report) quiet period will expire on Monday, January 6th. Venu had issued 1,200,000 shares in its public offering on November 27th. The total size of the offering was $12,000,000 based on an initial share price of $10.00. During Venu’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports 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.
Venu Trading Up 0.6 %
Shares of VENU opened at $9.74 on Monday. Venu has a 52-week low of $8.75 and a 52-week high of $11.15.
About Venu
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