Platiere, Final Public Offering Price Set at 11,000 Won... Subscription on 4th-5th
[Asia Economy Reporter Kim Heung-soon] Digital platform specialist Platiere announced on the 3rd that it has set the public offering price at 11,000 KRW, exceeding the upper limit of the desired range of 10,000 KRW, based on the demand forecast results from institutional investors. Accordingly, the public offering amount is 19.8 billion KRW, and the market capitalization after listing is approximately 91 billion KRW based on the offering price.
A total of 1,564 institutions participated in the demand forecast, recording a competition rate of 1,631 to 1. Platiere will accept general subscriptions on the 4th and 5th and list on the KOSDAQ market on the 12th.
Founded in 2005, the company builds platforms related to e-commerce and digital business transformation and provides consulting services. It offers digital services that analyze and process data generated at each stage such as customer behavior, product types, orders, and delivery, linked with accumulated data of 5 billion records.
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Lee Sang-hoon, CEO of Platiere, expressed his ambition, saying, "After listing, we will quickly respond to various customer needs based on our unique references accumulated in the domestic market and leap forward as a leader in the global digital solutions market."
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