Leishen Energy Holding Co., Ltd.’s Quiet Period Will Expire 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 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, underwriters and any insiders 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 end 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 Stock Performance

LSE stock 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.