Diginex Ltd’s Quiet Period To End on March 3rd (NASDAQ:DGNX)

Diginex’s (NASDAQ:DGNX) quiet period is set to expire on Monday, March 3rd. Diginex had issued 2,250,000 shares in its initial public offering on January 22nd. The total size of the offering was $9,225,000 based on an initial share price of $4.10. During the company’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Diginex Price Performance

NASDAQ:DGNX traded up $2.13 on Friday, hitting $70.00. The stock had a trading volume of 41,139 shares, compared to its average volume of 771,243. Diginex has a 52-week low of $3.60 and a 52-week high of $75.99.

About Diginex

DSL is the wholly owned subsidiary of Diginex Limited. Accordingly, Diginex Limited owns 100% of DSL and all of DSL’s business lines and subsidiaries. DSL is an impact technology business that helps organizations to address the some of the most pressing Environmental, Social and Governance (“ESG”), climate and sustainability issues, utilizing blockchain, machine learning and data analysis technology to lead change and increase transparency in corporate social responsibility and climate action.