NIP Group Inc.’s Quiet Period Will Expire on September 4th (NASDAQ:NIPG)

NIP Group’s (NASDAQ:NIPG) quiet period will expire on Wednesday, September 4th. NIP Group had issued 2,250,000 shares in its initial public offering on July 26th. The total size of the offering was $20,250,000 based on an initial share price of $9.00. During NIP Group’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any 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.

NIP Group Price Performance

Shares of NASDAQ NIPG opened at $7.98 on Friday. NIP Group has a 52-week low of $6.60 and a 52-week high of $17.76.

NIP Group Company Profile

Our mission is to create transformative esports experiences that entertain, inspire and connect fans across the globe. Our vision is to become the premier esports organization in the world. We are a leading esports organization with the most expansive global footprint by virtue of our operations across Asia, Europe and South America, according to the Frost & Sullivan Report.