Teraview Holdings Shows Strong Performance on KOSDAQ Debut
Teraview Holdings (Teraview) is experiencing a strong debut on the KOSDAQ stock exchange on its first day of trading. As of 9:28 AM on the 9th, Teraviews shares are trading at 14,570 KRW, which is an increase of 6,570 KRW (82.12%) from the initial public offering (IPO) price of 8,000 KRW. The stock started trading at 12,000 KRW and even surged to 15,500 KRW during the session.
Teraview has made history as the first UK company to list on KOSDAQ. The company specializes in ultra-precision non-destructive testing equipment and is the first in the world to commercialize terahertz technology, which involves electromagnetic waves vibrating at a trillion cycles per second. Its advanced inspection solutions are applicable across various industries, including semiconductor packaging, automotive painting, and lithium-ion battery electrode coating.
The IPO process for Teraview included a subscription period for individual investors from September 21 to 24, during which a total of 1,050,278 applications were received. Out of the total 1.25 million shares available, 53,432,340 shares were subscribed, resulting in a competition ratio of approximately 42.7 to 1. Additionally, during the demand forecasting conducted from November 13 to 19, 1,811 domestic and international institutions participated, yielding a competition ratio of 646 to 1, which helped establish the IPO price at the upper limit of the desired range of 8,000 KRW.
Teraview has made history as the first UK company to list on KOSDAQ. The company specializes in ultra-precision non-destructive testing equipment and is the first in the world to commercialize terahertz technology, which involves electromagnetic waves vibrating at a trillion cycles per second. Its advanced inspection solutions are applicable across various industries, including semiconductor packaging, automotive painting, and lithium-ion battery electrode coating.
The IPO process for Teraview included a subscription period for individual investors from September 21 to 24, during which a total of 1,050,278 applications were received. Out of the total 1.25 million shares available, 53,432,340 shares were subscribed, resulting in a competition ratio of approximately 42.7 to 1. Additionally, during the demand forecasting conducted from November 13 to 19, 1,811 domestic and international institutions participated, yielding a competition ratio of 646 to 1, which helped establish the IPO price at the upper limit of the desired range of 8,000 KRW.
Like
0
Upvote0
- PrevBiotech and Semiconductor Stocks Show Strong Gains Ahead of Market Opening
- NextEcoProBM and IBK: Strategic Developments and Financial Outlook
김샛*
정말이지 이런뉴스는 올리지 말아주세요.
홍한*
이런 소식 정말 좋아요.
이동*
정말 최고예요!
No comments yet.