Mint’s (NASDAQ:MIMI – Get Free Report) quiet period is set to expire on Wednesday, February 19th. Mint had issued 1,750,000 shares in its public offering on January 10th. The total size of the offering was $7,000,000 based on an initial share price of $4.00. During Mint’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. 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.
Mint Price Performance
Shares of NASDAQ MIMI opened at $4.76 on Friday. Mint has a twelve month low of $3.83 and a twelve month high of $6.84.
About Mint
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