[Special Stock] 4by4's Spectacular KOSDAQ Debut... Fourth 'Ttasant' This Year
[Asia Economy Reporter Ji Yeon-jin] Poby4po, a company specializing in immersive content production, closed at the upper price limit on its first day listed on the KOSDAQ market on the 28th.
On this day, Poby4po started trading at an opening price of 34,000 KRW, which is twice the public offering price (17,000 KRW), and within about 2 minutes of market opening, surged to the price limit (30.00%) at 44,200 KRW, recording a 'ttasang' (opening price formed at twice the public offering price followed by hitting the upper price limit). The closing price was the same.
Previously, Poby4po attracted investor attention by recording a subscription competition rate of 3,763 to 1 in the general public offering and gathering more than 14 trillion KRW in deposits. Established in 2017, Poby4po is a company specializing in ultra-high-definition visual effects (VFX) content production.
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This year, the stocks that succeeded in achieving ttasang are the third, following K-Auction on January 24 and Yuil Robotics on March 18. It has been 42 days since Yuil Robotics' ttasang before another ttasang stock appeared.
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