Onion Global Limited’s Quiet Period Will End on June 16th (NYSE:OG)

Onion Global’s (NYSE:OG) quiet period is set to end on Wednesday, June 16th. Onion Global had issued 9,310,350 shares in its initial public offering on May 7th. The total size of the offering was $67,500,038 based on an initial share price of $7.25. During Onion Global’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Shares of OG stock opened at $5.27 on Friday. Onion Global has a 52-week low of $5.21 and a 52-week high of $11.71.

About Onion Global

Onion Global Limited operates a platform that incubates, markets, and distributes fashionable and future brands in China and internationally. Its platform includes brand partners that offer various categories of lifestyle products, including beauty products, maternal and baby products, food and beverages, fast fashion, and wellness products.

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