Lucas GC Limited’s Quiet Period To End Tomorrow (NASDAQ:LGCL)

Lucas GC’s (NASDAQ:LGCL) quiet period is set to expire on Monday, April 15th. Lucas GC had issued 1,500,000 shares in its IPO on March 5th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During the company’s quiet period, insiders and any underwriters that worked on 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 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.

Lucas GC Price Performance

LGCL stock opened at $2.54 on Friday. Lucas GC has a fifty-two week low of $2.02 and a fifty-two week high of $5.00.

Lucas GC Company Profile

Lucas GC Limited, through its subsidiaries, provides online agent-centric human capital management services based on platform-as-a-service (PaaS) in the People's Republic of China. Its Star Career and Columbus platforms enables registered users to receive customized job recommendations and work as talent scouts to source suitable candidates for its corporate customers through their social network, as well as receive trainings and other value-added services.