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Lizhan Environmental quiet period ends December 28

December 23, 2010

Lizhan Environmental Corporation, which sells synthetic leather to furniture, automotive upholstery and garment manufacturers, will see its quiet period end on Tuesday, December 28. On November 18, the company raised $10 million by offering 2.5 million shares at $4, at the high end of its original range of $3-$4 but below its modified range of $5-$6. Maxim Group LLC acted as lead manager on the deal.