Gelteq’s (NASDAQ:GELS – Get Free Report) quiet period will expire on Monday, December 9th. Gelteq had issued 1,300,000 shares in its IPO on October 29th. The total size of the offering was $5,200,000 based on an initial share price of $4.00. During the company’s quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any 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.
Gelteq Trading Up 4.2 %
NASDAQ GELS opened at $2.00 on Friday. Gelteq has a one year low of $1.42 and a one year high of $4.98.
Gelteq Company Profile
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