Jinxin Technology Holding Company American Depositary Shares’ (NASDAQ:NAMI) Quiet Period Set To End on January 15th

Jinxin Technology Holding Company American Depositary Shares’ (NASDAQ:NAMI) quiet period will end on Wednesday, January 15th. Jinxin Technology Holding Company American Depositary Shares had issued 1,250,000 shares in its initial public offering on December 6th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. 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.

Jinxin Technology Holding Company American Depositary Shares Stock Up 3.8 %

Shares of NAMI stock opened at $4.12 on Friday. Jinxin Technology Holding Company American Depositary Shares has a one year low of $3.70 and a one year high of $7.75.

About Jinxin Technology Holding Company American Depositary Shares

Jinxin Technology Holding Co is a company which operates through its subsidiaries are principally engaged in provision of digital textbook subscription services principally in the People’s Republic of China. Jinxin Technology Holding Co is based in Cayman Islands.