Qualitas Semiconductor General Subscription Competition Rate 1632 to 1... 6 Trillion Won in Subscription Deposits Gathered

Qualitas Semiconductor, which is pursuing a listing on the KOSDAQ, announced on the 19th that it recorded a subscription competition rate of 1,632.3 to 1 for its public offering to general investors.

The subscription deposit amounted to approximately 6.2 trillion KRW. The company conducted a demand forecast for institutional investors until the 13th and finalized the public offering price at 17,000 KRW, exceeding the upper limit of the expected range (13,000 to 15,000 KRW). It is scheduled to be listed on the KOSDAQ market on the 27th, with Korea Investment & Securities as the lead underwriter.

Founded in 2017, Qualitas Semiconductor is a semiconductor IP (ultra-high-speed design asset) specialized company that possesses production technology for SERDES, a core component of interface IP affecting data transmission speed. Its main products include electronic integrated circuits and electronic components.

The company plans to use the funds raised through the listing to expand its ultra-high-speed interface IP portfolio solutions and to enter the global market.

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