ALT General Subscription Competition Rate 2512 to 1... Subscription Deposits Exceed 7 Trillion Won

ALT announced on the 18th that it recorded a competition rate of 2512.15 to 1 in the public offering subscription for general investors, marking the highest competition rate this year.

Accordingly, the subscription deposits amounted to 7.0654 trillion KRW. ALT will be listed on the KOSDAQ market on the 27th of this month. The lead underwriter for the listing is Mirae Asset Securities.

ALT is a specialized company in back-end testing in the non-memory semiconductor field, engaged in the outsourced semiconductor package testing (OSAT) business, conducting wafer testing and packaging processes.

Meanwhile, on the same day, Vernect recorded a competition rate of 1311.65 to 1 in the public offering subscription for general investors.

Subscription deposits of 5.0367 trillion KRW were gathered accordingly.

Vernect is a specialized company in industrial extended reality (XR) solutions, supplying its self-developed industrial XR solutions used for remote collaboration and content creation.

Vernect will be listed on the KOSDAQ market on the 26th of this month. The lead underwriter for the listing is Daishin Securities.

This content was produced with the assistance of AI translation services.