Robot Consulting Co., Ltd.’s (NASDAQ:LAWR) Quiet Period Will Expire on August 26th

Robot Consulting’s (NASDAQ:LAWR) quiet period is set to expire on Tuesday, August 26th. Robot Consulting had issued 3,750,000 shares in its initial public offering on July 17th. The total size of the offering was $15,000,000 based on an initial share price of $4.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Robot Consulting to a “hold” rating in a report on Saturday, July 26th.

Robot Consulting Trading Down 4.4%

Shares of NASDAQ:LAWR opened at $1.75 on Thursday. Robot Consulting has a 12-month low of $1.50 and a 12-month high of $4.41.

Robot Consulting Company Profile

Robot Consulting Co Ltd. is a platform service provider focusing on human resource solutions with an intention to expand into legal technology and the metaverse. The Company’s major product, Labor Robot, is a cloud-based human resource management system which helps users track employee attendance, manage sales orders and journalize accounting items.