Definition
In United States securities law, the quiet period has “historically [meant], a quiet period of time extended from the time a company files a registration statement with the SEC until SEC staff declared the registration statement effective. During that period, the federal securities laws limited what information a company and related parties can release to the public.”
Quiet Period
What is ‘Quiet Period’
In terms of an IPO, the period where an issuer is subject to a SEC ban on promotional publicity. The quiet period usually lasts either 40 or 90 days from the IPO.
Explaining ‘Quiet Period’
In other words, If you take your company public, you can’t talk about your stock to anybody for 3 months.
Further Reading
- The quiet period is making noise again – www.tandfonline.com [PDF]
- The quiet period has something to say – www.tandfonline.com [PDF]
- Analyst behavior following IPOs: the “bubble period” evidence – academic.oup.com [PDF]
- Joining the conversation: How quiet is the IPO quiet period? – papers.ssrn.com [PDF]
- Do quiet period and lock-out period affect the risk of initial public offerings? – go.gale.com [PDF]
- The Halloween effect during quiet and turbulent times – papers.ssrn.com [PDF]
- The IPO quiet period and analyst recommendations. – elibrary.ru [PDF]
- Does the media help or hurt retail investors during the IPO quiet period? – www.sciencedirect.com [PDF]
