Click’s (NASDAQ:CLIK – Get Free Report) quiet period is set to end on Monday, November 18th. Click had issued 1,400,000 shares in its initial 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 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 expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Click Stock Down 15.7 %
Shares of CLIK opened at $1.45 on Friday. Click has a 12 month low of $1.23 and a 12 month high of $4.39.
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