Knowledge

Quiet period

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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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Index

company
registration statement
SEC
federal securities laws
Securities Act of 1933
hyperlinked
website
"Six commonly asked questions (and answers) about quiet periods"
"Quiet Period"
"Shhh It's The Quiet Period"
Waiting period
Stub icon
stub
expanding it
v
t
e
Categories
Corporate law
Time in government
Initial public offering
Finance stubs

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