Decent Holding Inc.’s Quiet Period Set To Expire Tomorrow (NASDAQ:DXST)

Decent’s (NASDAQ:DXST) quiet period is set to end on Monday, March 3rd. Decent had issued 1,250,000 shares in its public offering on January 22nd. The total size of the offering was $5,000,000 based on an initial share price of $4.00. During the company’s quiet period, underwriters and any insiders that worked on 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 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.

Decent Stock Performance

Shares of DXST stock opened at $1.28 on Friday. Decent has a 1 year low of $1.21 and a 1 year high of $5.74.

Decent Company Profile

Decent Holding, Inc engages in the provision of wastewater treatment by cleansing the industrial wastewater, ecological river restoration, and river ecosystem management. Its products and services include river water quality management and microbial products for water quality enhancement and pollutant cleansing purposes.