[Special Stock] Platier Hits 'Ttah-sang' on First Day of KOSDAQ Listing
[Asia Economy Reporter Song Hwajeong] Digital platform company Platiier succeeded in achieving a 'Ttah-sang' (opening price formed at double the public offering price followed by a limit-up) on its first day of listing on KOSDAQ.
According to the Korea Exchange on the 12th, Platiier was trading at 28,600 KRW, up 30.00% (6,600 KRW) from the opening price as of 9:16 AM. The opening price was formed at 22,000 KRW, double the public offering price, and then surged to the limit-up price.
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Platiier recorded a competition rate of 1,631 to 1 in the demand forecast conducted for domestic and foreign institutional investors over two days on the 30th of last month and the 2nd. Subsequently, the general subscription competition rate reached 2,498.8 to 1. A total of 6.1846 trillion KRW was gathered as subscription deposits.
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