FYI for the impatient!!
On Wall Street, the quiet period is the period of time during an initial public offering (IPO) when the company making the IPO must be silent about the business so as not to impact stock prices or artificially inflate the worth of the company.
The quiet period begins after the business and underwriters file the registration for their IPO and lasts until 40 days after the stock starts trading. During this time, the company must not issue any new information that is not already contained in the registration statement.
Disclosure of additional information would be a violation of the quiet period and could be considered insider information
FYI for the impatient!!On Wall Street, the quiet period is the...
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