Haoxin Holdings Ltd’s (NASDAQ:HXHX) Quiet Period Set To Expire on May 26th

Haoxin’s (NASDAQ:HXHX) quiet period is set to expire on Monday, May 26th. Haoxin had issued 1,750,000 shares in its IPO on April 15th. The total size of the offering was $7,000,000 based on an initial share price of $4.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end 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.

Haoxin Trading Up 2.9%

Shares of NASDAQ HXHX opened at $1.43 on Friday. Haoxin has a 12 month low of $1.29 and a 12 month high of $6.29.

Haoxin Company Profile

We are a provider of temperature-controlled truckload service and urban delivery services in China with over 21 years of experience in the transportation industry. We started our urban delivery service business in 2003 and started expanding our business into temperature-controlled truckload service in 2016.