Powell Max’s (NASDAQ:PMAX – Get Free Report) quiet period will expire on Tuesday, October 15th. Powell Max had issued 1,426,750 shares in its public offering on September 5th. The total size of the offering was $5,707,000 based on an initial share price of $4.00. During Powell Max’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any 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.
Powell Max Stock Down 2.1 %
Shares of PMAX opened at $2.86 on Monday. Powell Max has a fifty-two week low of $2.63 and a fifty-two week high of $4.70.
Powell Max Company Profile
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