Exyn Technologies’ (NASDAQ:EXYN – Get Free Report) quiet period will expire on Wednesday, June 24th. Exyn Technologies had issued 2,500,000 shares in its IPO on May 15th. The total size of the offering was $19,375,000 based on an initial share price of $7.75. During the company’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. 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.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded Exyn Technologies to a “hold” rating in a research report on Saturday, May 30th.
View Our Latest Report on EXYN
Exyn Technologies Stock Performance
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