Autozi Internet Technology (Global) Ltd.’s (NASDAQ:AZI) Quiet Period To End on October 7th

Autozi Internet Technology (Global)’s (NASDAQ:AZI) quiet period is set to expire on Monday, October 7th. Autozi Internet Technology (Global) had issued 2,500,000 shares in its public offering on August 28th. The total size of the offering was $10,000,000 based on an initial share price of $4.00. During the company’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any 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.

Autozi Internet Technology (Global) Trading Up 9.2 %

Shares of Autozi Internet Technology (Global) stock opened at $1.08 on Monday. Autozi Internet Technology has a 1-year low of $0.82 and a 1-year high of $4.05.

About Autozi Internet Technology (Global)

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services.