The GrowHub Limited’s (NASDAQ:TGHL) Quiet Period Will Expire on October 7th

GrowHub’s (NASDAQ:TGHL) quiet period will end on Tuesday, October 7th. GrowHub had issued 3,750,000 shares in its IPO on August 28th. The total size of the offering was $15,000,000 based on an initial share price of $4.00. During GrowHub’s quiet period, insiders and underwriters that worked on 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.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of GrowHub from a “hold” rating to a “sell” rating in a research note on Wednesday, September 24th.

GrowHub Stock Performance

NASDAQ:TGHL opened at $1.66 on Tuesday. GrowHub has a one year low of $1.56 and a one year high of $4.25.

GrowHub Company Profile

Our Company operates at the intersection of technology and supply chain management, focusing on enhancing product traceability and authenticity. With a commitment to innovation and sustainability, we have developed a multi-faceted approach to address industry challenges. Our business currently comprises two main divisions, which are the GrowHub Platform and our product trading facilitation offering, and we currently preparing for the launch of our third main business division, namely, the GrowHub Innovation Centre, which is expected to start generating material revenue by the end of the second quarter of 2025.