Lakeside Holding Ltd.’s Quiet Period Set To Expire on August 7th (NASDAQ:LSH)

Lakeside’s (NASDAQ:LSH) quiet period is set to expire on Wednesday, August 7th. Lakeside had issued 1,500,000 shares in its public offering on June 28th. The total size of the offering was $6,750,000 based on an initial share price of $4.50. During the company’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end 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.

Lakeside Price Performance

Shares of NASDAQ:LSH opened at $3.75 on Wednesday. Lakeside has a 1 year low of $2.10 and a 1 year high of $5.37.

Lakeside Company Profile

Lakeside Holding Limited is an integrated cross-border supply chain solution provider with a strategic focus on the Asian market. The company primarily provide customized cross-border ocean freight solutions and airfreight solutions. Lakeside Holding Limited is based in Itasca, IL.