ADOMANI INC’s (NASDAQ:ADOM) quiet period is set to expire on Tuesday, July 25th. ADOMANI INC had issued 2,852,275 shares in its initial public offering on June 15th. The total size of the offering was $14,261,375 based on an initial share price of $5.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
COPYRIGHT VIOLATION WARNING: “ADOMANI INC’s (NASDAQ:ADOM) Quiet Period Will End on July 25th” was first reported by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this piece can be read at https://stocknewstimes.com/2017/08/11/adomani-incs-quiet-period-to-expire-tomorrow-nasdaqadom-updated-updated.html.
ADOMANI INC (NASDAQ ADOM) opened at 10.49 on Friday. The stock has a 50 day moving average price of $11.77 and a 200 day moving average price of $11.77. The stock’s market capitalization is $714.05 million. ADOMANI INC has a 12 month low of $6.11 and a 12 month high of $18.31.
About ADOMANI INC
Adomani, Inc is engaged in designing, manufacturing and installing electric and hybrid drivetrain systems for use in new school buses and medium to heavy-duty commercial fleet vehicles. The Company also designs, manufactures and installs conversion kits to replace conventional drivetrain systems for diesel and gasoline powered vehicles, electric or hybrid drivetrain systems.
Receive News & Ratings for ADOMANI INC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADOMANI INC and related companies with MarketBeat.com's FREE daily email newsletter.
