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
Featured Article: Capital Gains
Receive News & Ratings for Onion Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Onion Global and related companies with MarketBeat.com's FREE daily email newsletter.