Earlyworks’ (NASDAQ:ELWS – Get Free Report) quiet period will expire on Monday, September 4th. Earlyworks had issued 1,200,000 shares in its initial public offering on July 25th. The total size of the offering was $6,000,000 based on an initial share price of $5.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Earlyworks Stock Performance
Shares of Earlyworks stock opened at $1.51 on Monday. Earlyworks has a 1 year low of $1.42 and a 1 year high of $4.23.
About Earlyworks
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