[Featured Stock] Airrain Plummets on First Day of KOSDAQ Listing

Airrein is experiencing a sharp decline on its first day entering the KOSDAQ.

At 9:39 a.m. on the 8th, Airrein was trading at 16,000 KRW, down 30.43% from the public offering price of 23,000 KRW.

Airrein is the only domestic company specializing in gas separation membrane solutions, possessing technology that classifies gases such as nitrogen, methane, and carbon dioxide using its self-developed gas separation membranes.

Previously, in the demand forecast for institutional investors, the public offering price was set at 23,000 KRW, exceeding the upper limit of the desired range (18,500 KRW). In the subsequent general subscription, the competition rate reached 418.31 to 1, raising 1.4432 trillion KRW in deposits.

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