Hong Kong Pharma Digital Technology Holdings Ltd’s Quiet Period Will Expire Tomorrow (NASDAQ:HKPD)

Hong Kong Pharma Digital Technology’s (NASDAQ:HKPD) quiet period is set to expire on Monday, February 24th. Hong Kong Pharma Digital Technology had issued 1,403,685 shares in its IPO on January 15th. The total size of the offering was $5,614,740 based on an initial share price of $4.00. During the company’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Hong Kong Pharma Digital Technology Trading Up 0.1 %

Shares of NASDAQ HKPD opened at $1.77 on Friday. Hong Kong Pharma Digital Technology has a 12 month low of $1.66 and a 12 month high of $3.79.

About Hong Kong Pharma Digital Technology

Hong Kong Pharma is an exempted limited liability company formed under the laws of the Cayman Islands on August 17, 2023. As a holding company with no material operations of its own, Hong Kong Pharma conducts its operations through its wholly owned subsidiaries, Joint Cross Border Logistics Company Limited and V-Alliance Technology Supplies Limited, each a limited liability corporation incorporated in Hong Kong and collectively referred to as HK Subsidiaries.