SunScout Holding Limited’s Quiet Period Will End Tomorrow (NYSEAMERICAN:SNSC)

SunScout’s (NYSEAMERICAN:SNSC – Get Free Report) quiet period will expire on Monday, September 21st. SunScout had issued 3,100,000 shares in its IPO on August 12th. The total size of the offering was $15,500,000 based on an initial share price of $5.00. During SunScout’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 expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

SunScout Price Performance

Shares of SunScout stock opened at $1.23 on Friday. SunScout has a 12 month low of $1.00 and a 12 month high of $4.40.

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SunScout Company Profile

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SunScout Holding Limited is a clean-technology company developing and commercializing autonomous, solar-powered robotic mowers and related solar energy solutions. The company also provides solar power development solutions as well as engineering products and services, including precision fabrication, mechanical engineering and project management. SunScout Holding Limited is based in Palmerston North, New Zealand.

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