Micware’s (NASDAQ:MWC – Get Free Report) quiet period is set to expire on Tuesday, June 23rd. Micware had issued 2,850,000 shares in its public offering on May 14th. The total size of the offering was $22,800,000 based on an initial share price of $8.00. During Micware’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded Micware to a “hold” rating in a research report on Saturday, May 23rd.
Get Our Latest Stock Analysis on MWC
Micware Price Performance
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