[Featured Stock] Hasu Rises on First Day of KOSDAQ Listing

Has is recording a nearly 10% increase on its first day of listing on KOSDAQ.

As of 3:15 PM on the 3rd, Has was trading at 17,460 KRW, up 9.13% (1,460 KRW) from the public offering price of 16,000 KRW. During the session, it even rose by more than 70%.

Has is a specialized manufacturer of prosthetic restorative materials recognized for its outstanding technology in the dental prosthetic restorative materials field. Its main product is lithium disilicate glass ceramic, a material most similar to natural teeth. This material is used to make the most representative dental prostheses such as crowns, inlays, onlays, laminates, and bridges. Has's products hold the third-largest global market share in this field.

The fact that Has manufactures dental prosthetic restorative materials similar to natural teeth is considered its biggest differentiating factor. By possessing biocompatibility, appropriate strength, aesthetics, and ease of processing, it enhances its competitiveness. Has's main competitive advantages include core technologies and product competitiveness derived from fundamental technologies such as ▲material microstructure control technology ▲precision molding technology ▲hybridization technology between materials.

During the demand forecast conducted from the 13th to the 19th of last month, 2,140 domestic and international institutions participated, recording a competition rate of 946 to 1. The final public offering price was set at 16,000 KRW, exceeding the upper limit of the desired range. In the public offering subscription for general investors held in the same month, a competition rate of 2,126 to 1 was recorded. Additionally, the subscription deposit amounted to 7.6978 trillion KRW.

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