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During a Quiet Period, a publicly listed company cannot make any announcements about anything that could cause a normal investor to change their position on the company's stock. Normally, that means the company does not discuss any of the following:
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is a period of time in which companies refrain from communicating with investors to avoid unfairly disclosing material, non-public information to certain investors when the company has not yet publicly communicated this information.
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are also governed. The rules changes of June 29, 2005, also included various changes which "liberalize permitted offering activity and communications to allow more information" for certain qualifying organizations.
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New deals or wins signed in that current quarter. Announcements about previously sold implementations going live are allowed but must be explicitly described as such.
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The quiet period also means the period starting late in the third month of each quarter and ending on the day a public company announces its quarterly results.
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When a company is raising capital from the public, the quiet period has "historically , a quiet period of time extended from the time a
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limited what information a company and related parties can release to the public." This is also called the
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until SEC staff declared the registration statement effective. During that period, the
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