OneConstruction Group Limited’s (NASDAQ:ONEG) Quiet Period To End on February 10th

OneConstruction Group’s (NASDAQ:ONEG) quiet period will expire on Monday, February 10th. OneConstruction Group had issued 1,750,000 shares in its public offering on December 31st. The total size of the offering was $7,000,000 based on an initial share price of $4.00. During the company’s quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any 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.

OneConstruction Group Trading Up 5.4 %

Shares of OneConstruction Group stock opened at $2.35 on Friday. OneConstruction Group has a 1-year low of $2.07 and a 1-year high of $4.05.

About OneConstruction Group

OneConstruction Group is a structural steelwork contractor principally in Hong Kong. The Company, through its subsidiaries, specializes in the procurement and installation of structural steel for a diverse range of construction projects, serving both public and private sector clients. OneConstruction Group is based in NEW YORK.