Skyline Builders Group Holding Ltd’s (NASDAQ:SKBL) Quiet Period To Expire on March 4th

Skyline Builders Group’s (NASDAQ:SKBL) quiet period will expire on Tuesday, March 4th. Skyline Builders Group had issued 1,500,000 shares in its initial public offering on January 23rd. The total size of the offering was $6,000,000 based on an initial share price of $4.00. During Skyline Builders Group’s quiet period, underwriters and any insiders that worked on the IPO are restricted 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.

Skyline Builders Group Stock Down 0.6 %

Shares of Skyline Builders Group stock opened at $9.18 on Thursday. Skyline Builders Group has a 52-week low of $3.68 and a 52-week high of $9.30.

About Skyline Builders Group

Skyline Builders Group Holding Ltd. operates as an exempted limited liability company. It operates business through its subsidiary, Kin Chiu Engineering Limited, which provides construction activities include public civil engineering works, such as road and drainage works in Hong Kong. The company was founded on June 25, 2024 and is headquartered in Hong Kong.