Everbright Digital Holding Ltd.’s (NASDAQ:EDHL) Quiet Period To End on May 27th

Everbright Digital’s (NASDAQ:EDHL) quiet period is set to expire on Tuesday, May 27th. Everbright Digital had issued 1,500,000 shares in its IPO on April 17th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During Everbright Digital’s quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. 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.

Everbright Digital Price Performance

Shares of NASDAQ:EDHL opened at $4.08 on Tuesday. Everbright Digital has a 52 week low of $3.51 and a 52 week high of $4.99.

About Everbright Digital

We are an integrated marketing solutions provider in Hong Kong that is deeply involved in the metaverse and related technologies, and are committed to providing one-stop digital marketing services to support businesses through every stage of their development. Under the all-in-one service, our revenue is generated by providing tailored marketing solutions that address the specific needs of our clients in the context of the ever-developing nature of new forms of media.