Youxin Technology Ltd’s Quiet Period To Expire on January 29th (NASDAQ:YAAS)

Youxin Technology’s (NASDAQ:YAAS) quiet period will expire on Wednesday, January 29th. Youxin Technology had issued 2,300,000 shares in its IPO on December 20th. The total size of the offering was $10,350,000 based on an initial share price of $4.50. During the company’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any earnings forecasts or 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.

Youxin Technology Stock Performance

Shares of YAAS stock opened at $3.84 on Friday. Youxin Technology has a 52 week low of $3.20 and a 52 week high of $4.25.

About Youxin Technology

We are a software as a service (“SaaS”) and platform as a service (“PaaS”) provider committed to helping retail enterprises digitally transform their businesses using our cloud-based SaaS product and our PaaS platform to develop, use and control business applications without the need to purchase complex IT infrastructure.