Huachen AI Parking Management Technology's (NASDAQ:HCAI - Get Free Report) quiet period is set to expire on Monday, March 17th. Huachen AI Parking Management Technology had issued 1,500,000 shares in its initial public offering on February 5th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During Huachen AI Parking Management Technology's quiet period, insiders and 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 expiration 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.
Huachen AI Parking Management Technology Price Performance
Shares of HCAI traded down $0.10 during trading hours on Wednesday, hitting $5.86. The company had a trading volume of 8,666 shares, compared to its average volume of 254,911. Huachen AI Parking Management Technology has a one year low of $3.70 and a one year high of $6.16.
About Huachen AI Parking Management Technology
(
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We are a comprehensive smart parking solutions and equipment structural parts provider and conduct all our operations through our Operating Subsidiaries in China. The Operating Subsidiaries provide customized parking solutions to optimize efficiency in limited parking spaces, covering smart cubic parking garage design, cubic parking equipment manufacturing, sales, installation, and maintenance.
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