MFS Intermediate High Income Fund’s Quiet Period To End on May 5th (NASDAQ:HYW)


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MFS Intermediate High Income Fund’s (NASDAQ:HYW) quiet period will end on Wednesday, May 5th. MFS Intermediate High Income Fund had issued 3,000,000 shares in its public offering on March 26th. The total size of the offering was $30,000,000 based on an initial share price of $10.00. During MFS Intermediate High Income Fund’s quiet period, insiders and any underwriters that worked on the IPO are restricted 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.

NASDAQ:HYW opened at $7.15 on Wednesday. MFS Intermediate High Income Fund has a 1 year low of $6.31 and a 1 year high of $11.25.

About MFS Intermediate High Income Fund

Hywin Holdings Ltd., through its subsidiaries, provides wealth management, insurance brokerage, and asset management service in China. It offers privately raised products, including private securities investment funds; private equity and venture capital; privately raised funds of other assets; and real estate products, including traditional real estate fixed-income products, real estate securitization products, and real estate equity investments.

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