[Market Highlight] Acryl Doubles on First Day of KOSDAQ Listing
Acryl achieved a "double" (a 100% increase from the offering price) on its first day of listing on the KOSDAQ market.
The Korea Exchange KOSDAQ Market Division held a listing ceremony for Acryl, a company developing integrated artificial intelligence platforms and medical-specialized artificial intelligence platforms, on the morning of the 16th at 9 a.m. in the PR hall of its Seoul office.
View original imageAs of 9:52 a.m. on the 16th, Acryl was trading at 42,750 won, up 23,250 won (119.23%) from its offering price of 19,500 won.
During the institutional investor demand forecast held from November 25 to December 1, Acryl recorded a competition ratio of 790.5 to 1, resulting in the offering price being set at the upper end of the desired range (17,500 to 19,500 won), at 19,500 won. Subsequently, in the public subscription held on December 4 and 5, the competition ratio reached 1,130.33 to 1. Approximately 5.95 trillion won in subscription deposits were collected.
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Acryl aims to become the "Nvidia of software" and is a specialized company providing AX (AI Experience) infrastructure, supporting the adoption and expansion of artificial intelligence (AI) across various industries.
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