SunScout Holding Limited’s (NYSEAMERICAN:SNSC) Quiet Period To End on September 21st

SunScout’s (NYSEAMERICAN:SNSC) quiet period is set to expire on Monday, September 21st. SunScout had issued 3,100,000 shares in its public offering on August 12th. The total size of the offering was $15,500,000 based on an initial share price of $5.00. During SunScout’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. 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.

SunScout Stock Down 1.9%

Shares of NYSEAMERICAN:SNSC opened at $1.05 on Wednesday. SunScout has a fifty-two week low of $1.00 and a fifty-two week high of $4.40.

About SunScout

SunScout Holding Limited is a clean-technology company developing and commercializing autonomous, solar-powered robotic mowers and related solar energy solutions. The company also provides solar power development solutions as well as engineering products and services, including precision fabrication, mechanical engineering and project management. SunScout Holding Limited is based in Palmerston North, New Zealand.