Synergy CHC Corp. (Uplisting)’s (NASDAQ:SNYR) Quiet Period Will End on December 2nd

Synergy CHC Corp. (Uplisting)’s (NASDAQ:SNYR) quiet period is set to end on Monday, December 2nd. Synergy CHC Corp. (Uplisting) had issued 1,150,000 shares in its initial public offering on October 23rd. The total size of the offering was $10,350,000 based on an initial share price of $9.00. During Synergy CHC Corp. (Uplisting)’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Synergy CHC Corp. (Uplisting) Price Performance

SNYR stock opened at $5.76 on Monday. The business has a 50-day moving average of $5.73. Synergy CHC Corp. has a 12 month low of $0.12 and a 12 month high of $10.00.

Insider Buying and Selling

In related news, CEO Jack Ross bought 300,000 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were purchased at an average cost of $9.00 per share, with a total value of $2,700,000.00. Following the acquisition, the chief executive officer now owns 300,000 shares of the company’s stock, valued at $2,700,000. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

About Synergy CHC Corp. (Uplisting)

Synergy CHC Corp. provides consumer health care, beauty, and lifestyle products in the United States, Canada, and the United Kingdom. It offers brain health nutritional supplements under the FOCUSfactor brand name; lifestyle and wellness products and accessories, including tea, shakes, lollipops, supplements, apparel, and exercise accessories under the Flat Tummy brand name; products for hands under the Hand MD brand name.