Junee Limited’s (NASDAQ:JUNE) Quiet Period Set To End Tomorrow

Junee’s (NASDAQ:JUNE) quiet period is set to end on Monday, May 27th. Junee had issued 2,000,000 shares in its IPO on April 17th. The total size of the offering was $8,000,000 based on an initial share price of $4.00. During Junee’s quiet period, insiders and any underwriters involved in the IPO are restricted 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.

Junee Trading Up 0.7 %

JUNE opened at $4.25 on Friday. The company’s 50 day simple moving average is $8.79. Junee has a one year low of $3.60 and a one year high of $4.83.

About Junee

Junee Limited, through its subsidiary, OPS Interior Design Consultant Limited, provides interior design, fit-out, and maintenance services to residential and commercial clients in the interior design market in Hong Kong. Its interior design services comprise preliminary consulting services, conceptualizing clients design ideas with layout plans, and producing detailed design drawings; and fit-out work includes various activities making an interior space suitable for residential or commercial purposes.