Zhengye Biotechnology Holding Limited’s Quiet Period To Expire Tomorrow (NASDAQ:ZYBT)

Zhengye Biotechnology’s (NASDAQ:ZYBT) quiet period will expire on Monday, February 17th. Zhengye Biotechnology had issued 1,500,000 shares in its initial public offering on January 7th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During Zhengye Biotechnology’s quiet period, insiders and underwriters involved in 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, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Zhengye Biotechnology Price Performance

Shares of Zhengye Biotechnology stock opened at $4.99 on Friday. Zhengye Biotechnology has a 12-month low of $3.70 and a 12-month high of $6.10.

Zhengye Biotechnology Company Profile

Zhengye Biotechnology Holding Limited is a veterinary vaccine manufacturer which encompasses research, development, manufacturing and sales of veterinary vaccines, with a focus on livestock vaccine principally in China. Zhengye Biotechnology Holding Limited is based in Jilin, China.