Brillia Inc’s Quiet Period Will Expire on January 6th (NYSEAMERICAN:BRIA)

Brillia’s (NYSEAMERICAN:BRIA) quiet period will expire on Monday, January 6th. Brillia had issued 2,500,000 shares in its initial public offering on November 27th. The total size of the offering was $10,000,000 based on an initial share price of $4.00. During Brillia’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports 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.

Brillia Stock Performance

Shares of BRIA opened at $3.93 on Friday. Brillia has a 12-month low of $3.21 and a 12-month high of $4.38.

About Brillia

BrilliA Inc is a one-stop service cross-border solution provider for ladies’ intimate apparel brands, managing sales and customer relationships with major clients like Fruit of the Loom, Hanes Brands Inc and H&M. BrilliA Inc is based in SINGAPORE.