Callan Jmb Inc.’s Quiet Period To Expire Tomorrow (NASDAQ:CJMB)

Callan Jmb’s (NASDAQ:CJMB) quiet period will end on Monday, March 17th. Callan Jmb had issued 1,280,000 shares in its IPO on February 5th. The total size of the offering was $5,120,000 based on an initial share price of $4.00. During the company’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. 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.

Callan Jmb Stock Performance

CJMB stock opened at $5.30 on Friday. Callan Jmb has a 12 month low of $3.38 and a 12 month high of $7.76.

Insider Activity at Callan Jmb

In other Callan Jmb news, insider David J. Croyle acquired 24,375 shares of the firm’s stock in a transaction on Wednesday, February 5th. The stock was purchased at an average price of $4.00 per share, with a total value of $97,500.00. Following the completion of the acquisition, the insider now directly owns 24,375 shares in the company, valued at $97,500. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Wayne D. Williams bought 12,500 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was bought at an average price of $4.00 per share, for a total transaction of $50,000.00. Following the completion of the purchase, the chief executive officer now directly owns 2,262,500 shares of the company’s stock, valued at $9,050,000. The trade was a 0.56 % increase in their position. The disclosure for this purchase can be found here.

Callan Jmb Company Profile

Callan JMB is a vertically integrated logistics and fulfillment company which provides thermal management logistics solutions to the life sciences industry through a combination of proprietary packaging, information technology and specialized cold chain logistics knowhow. We provide a system that utilizes advanced predictive technology to revolutionize the supply chain by guaranteeing the safety, effectiveness, and potency of every product handled to ensure product integrity, and to provide immediate response in time-sensitive industries while ensuring environmental responsibility.