Leishen Energy Holding Co., Ltd.’s Quiet Period Set To End Tomorrow (NASDAQ:LSE)

Leishen Energy’s (NASDAQ:LSE) quiet period is set to expire on Tuesday, January 28th. Leishen Energy had issued 1,375,000 shares in its initial public offering on December 19th. The total size of the offering was $5,500,000 based on an initial share price of $4.00. During Leishen Energy’s quiet period, insiders and 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, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Leishen Energy Price Performance

NASDAQ LSE opened at $8.39 on Monday. Leishen Energy has a 12 month low of $3.76 and a 12 month high of $13.83.

About Leishen Energy

Leishen Cayman is a holding company incorporated in the Cayman Islands. As a holding company with no material operations of its own, Leishen Cayman conducts substantially all of the operations through its Operating Subsidiaries. Our primary office is located in Beijing, China, from which we serve a large customer base throughout the PRC.