INLIF Ltd’s Quiet Period To End on February 11th (NASDAQ:INLF)

INLIF’s (NASDAQ:INLF) quiet period will expire on Tuesday, February 11th. INLIF had issued 2,000,000 shares in its initial public offering on January 2nd. The total size of the offering was $8,000,000 based on an initial share price of $4.00. During INLIF’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any earnings forecasts or 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.

INLIF Stock Up 6.5 %

INLIF stock opened at $4.90 on Friday. INLIF has a one year low of $3.51 and a one year high of $6.15.

INLIF Company Profile

We are a holding company incorporated in the Cayman Islands and not a Chinese operating company. As a holding company with no material operation of our own, a substantial majority of our operations are conducted by the Operating Entity in China. The Operating Entity, established in September 2016, is engaged in the research, development, manufacturing, and sales of injection molding machine-dedicated manipulator arms.