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πΊπΈ US · Exits & dealsQuiet period
Also called: quiet period
In one line
A window around an IPO when the company and insiders must limit public statements to avoid improperly promoting the stock.
In plain English
Before and just after going public, regulators restrict what the company and insiders can say, to keep the offering fair. It overlaps with, but is separate from, the trading lock-up.
If you were explaining it to a 5-year-old
Around the shop's grand opening, everyone has to stay quiet and not hype the toys, to keep things fair.
Why it matters when you sell
The quiet period mainly limits communications, but it's part of the IPO rulebook that governs the run-up to when you can sell.
Related terms
Put it to use
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Sources
Primary references for this term: US SEC / Investor.gov. Our definitions are written in plain English and kept evergreen β see the glossary methodology. General information, not advice.
Educational information only β not financial, tax or legal advice, and not an offer to buy or sell any security. Definitions are general; your own documents and local law govern your situation. PrivateTechShares is independent and not a broker or marketplace.