Click’s (NASDAQ:CLIK – Get Free Report) quiet period will end on Monday, November 18th. Click had issued 1,400,000 shares in its public offering on October 9th. The total size of the offering was $5,600,000 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 earnings forecasts or 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.
Click Stock Down 4.5 %
Shares of CLIK opened at $1.72 on Friday. Click has a 12-month low of $1.23 and a 12-month high of $4.39.
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