GCDT’s (NYSEAMERICAN:GCDT) Quiet Period Will End on February 23rd

GCDT’s (NYSEAMERICAN:GCDT) quiet period will end on Monday, February 23rd. GCDT had issued 2,500,000 shares in its initial public offering on January 13th. The total size of the offering was $10,000,000 based on an initial share price of $4.00. During GCDT’s quiet period, insiders and underwriters that worked on the IPO are prevented 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.

GCDT Stock Performance

GCDT stock opened at $3.23 on Monday. GCDT has a 52 week low of $3.15 and a 52 week high of $5.85.

GCDT Company Profile

Green Circle Decarbonize Technology Limited is a holding company operating through its subsidiary, Boca International Limited. The Company is a provider of advanced energy saving solutions supported by proprietary phase change thermal energy storage materials and thermal engineering services. Green Circle Decarbonize Technology Limited is based in Hong Kong.