Leishen Energy Holding Co., Ltd.’s (NASDAQ:LSE) Quiet Period To Expire on January 28th

Leishen Energy’s (NASDAQ:LSE) quiet period will expire on Tuesday, January 28th. Leishen Energy had issued 1,375,000 shares in its IPO on December 19th. The total size of the offering was $5,500,000 based on an initial share price of $4.00. During the company’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports for the company because of SEC regulations. 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.

Leishen Energy Stock Down 24.5 %

LSE stock opened at $8.39 on Friday. Leishen Energy has a twelve month low of $3.76 and a twelve month high of $13.83.

About Leishen Energy

Leishen Cayman is a holding company incorporated in the Cayman Islands. As a holding company with no material operations of its own, Leishen Cayman conducts substantially all of the operations through its Operating Subsidiaries. Our primary office is located in Beijing, China, from which we serve a large customer base throughout the PRC.