Huachen AI Parking Management Technology Holding Co., Ltd’s (NASDAQ:HCAI) Quiet Period Set To End Tomorrow

Huachen AI Parking Management Technology’s (NASDAQ:HCAIGet Free Report) quiet period is set to end on Monday, March 17th. Huachen AI Parking Management Technology had issued 1,500,000 shares in its public offering on February 5th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During Huachen AI Parking Management Technology’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 regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Huachen AI Parking Management Technology Stock Up 30.2 %

HCAI stock opened at $8.40 on Friday. Huachen AI Parking Management Technology has a twelve month low of $3.70 and a twelve month high of $8.80.

About Huachen AI Parking Management Technology

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Huachen AI Parking Management Technology Holding Co, Ltd. provides smart parking solutions and equipment structural parts. The company products include structural parts, garage structural parts, materials such as customized steel and load bearing steel plates for cubic parking equipment, railroad accessories and other products.

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