INLIF Ltd's Quiet Period Set To Expire on February 11th (NASDAQ:INLF)

INLIF's (NASDAQ:INLF - Get Free Report) quiet period will end on Tuesday, February 11th. INLIF had issued 2,000,000 shares in its IPO on January 2nd. The total size of the offering was $8,000,000 based on an initial share price of $4.00. During the company's quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any 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.

INLIF Stock Performance

Shares of INLF stock traded up $0.30 on Friday, reaching $4.90. 1,200,041 shares of the stock were exchanged, compared to its average volume of 229,156. INLIF has a one year low of $3.51 and a one year high of $6.15.

INLIF Company Profile

We are a holding company incorporated in the Cayman Islands and not a Chinese operating company. As a holding company with no material operation of our own, a substantial majority of our operations are conducted by the Operating Entity in China. The Operating Entity, established in September 2016, is engaged in the research, development, manufacturing, and sales of injection molding machine-dedicated manipulator arms.