Reitar Logtech Holdings Ltd’s Quiet Period Will Expire on October 2nd (NASDAQ:RITR)

Reitar Logtech’s (NASDAQ:RITR) quiet period will end on Wednesday, October 2nd. Reitar Logtech had issued 2,125,000 shares in its public offering on August 23rd. The total size of the offering was $8,500,000 based on an initial share price of $4.00. During Reitar Logtech’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the end 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.

Reitar Logtech Stock Up 13.2 %

RITR stock opened at $5.39 on Wednesday. Reitar Logtech has a fifty-two week low of $3.30 and a fifty-two week high of $6.87.

Reitar Logtech Company Profile

Reitar Logtech Holdings Limited, through its subsidiaries, provides construction management and engineering design services. It operates in two segments, Asset Management and Professional Consultancy Services; and Construction Management and Engineering Design Services. The company provides construction management and engineering design services for cold storage facilities, automated warehouses, renovated offices, and tailor-made electrical systems.