Sam CNS, Public Offering Price Set at 6,500 Won

[Asia Economy Reporter Kim Ji-hee] SamCNS announced on the 7th that it has set the public offering price at 6,500 won, far exceeding the upper limit of the desired range of 5,700 won, based on the results of institutional investor demand forecasting. The public offering amount is 78 billion won, and the market capitalization after listing is about 326 billion won.

A total of 1,654 institutions participated in this demand forecast, recording a competition rate of 1,538 to 1. More than 90% of institutional investors who participated in the demand forecast offered prices exceeding the upper limit of the desired public offering price range.

SamCNS's public subscription for general investors will be held on the 10th and 11th. It will then be listed on the KOSDAQ market on the 20th. The lead underwriter is Daishin Securities.

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