Creative Global Technology Holdings Ltd’s Quiet Period To End on January 6th (NASDAQ:CGTL)

Creative Global Technology’s (NASDAQ:CGTL) quiet period will end on Monday, January 6th. Creative Global Technology had issued 1,250,000 shares in its IPO on November 26th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. During Creative Global Technology’s quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any research reports or earnings estimates 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.

Creative Global Technology Trading Down 11.3 %

Shares of CGTL opened at $7.09 on Friday. Creative Global Technology has a twelve month low of $3.37 and a twelve month high of $10.59.

Creative Global Technology Company Profile

Mission Consumer electronic devices have a limited life, but some rest idle with meaningful useful life left. We help make every minute of recycled consumer electronic devices’ lives count with our expertise in quickly connecting their demands and supplies, thereby facilitating the circular economy in the consumer electronic devices business and reducing waste.