Executives at Manning & Napier
] will soon be free to once again go on the record about their business. The mutual fund firm has been in an SEC-mandated quiet period due to its recent $150 million IPO.
That quiet period will end next Wednesday, December 28.
The Rochester, New York-based mutual fund sponsor sold 12.5 million shares at $12 with the help of lead underwriters BofA Merrill Lynch and JP Morgan.
The stock (NYSE: MN
) has traded between $11.76 and $13.20 since its IPO and was trading above $13 on Friday afternoon after opening at $12.98.
Stay ahead of the news ... Sign up for our email alerts now