Korea No.17 Special Purpose Acquisition IPO

한국제17호기업인수목적 · Listed

Offer price₩2,000Final terms filed
Shares offered7,000,000
Offering size₩14.0bn
SubscriptionThu Sep 10

Korea No.17 Special Purpose Acquisition (한국제17호기업인수목적) IPO subscription runs Thu Sep 10 to Fri Sep 11. The offer price is ₩2,000 for 7,000,000 shares, about ₩14.0bn in total. Underwriters: Korea Investment & Securities. Payment and refund date: Tue Sep 15. Trading is scheduled to start on Tue Sep 22. Institutional book-building drew 2,040 bids for a demand ratio of 1,270.51 : 1. The retail subscription ratio was 494.62 : 1 across 104,394 applications.

Book-building and subscription results

All IPO results
Institutional demand ratio1,270.51 : 12,040 bids · 6,670,172,000 shares
Retail subscription ratio494.62 : 1104,394 applications
Subscribed amount₩1.73tnshares applied × offer price

Figures from the DART final terms filing · issuance result report. Demand ratios are simple ratios of shares bid to shares allocated and do not show real demand for the stock. Not investment advice.

A demand ratio of 1,270.51 : 1 ranks 4 of the last 34 Korean IPOs with published results, where the median is 1,041.02 : 1. A high demand ratio does not predict the listing-day move. See Korea IPO demand results.

Underwriters

RoleBrokerSharesAmount
LeadKorea Investment & Securities7,000,000₩14.0bn

Korea No.17 Special Purpose Acquisition IPO FAQ

When is the Korea No.17 Special Purpose Acquisition IPO subscription?
Thu Sep 10 to Fri Sep 11 (Korea time). Refunds and payment are on Tue Sep 15.
What is the Korea No.17 Special Purpose Acquisition IPO price?
₩2,000 per share.
What was the Korea No.17 Special Purpose Acquisition book-building demand ratio?
2,040 institutional bids produced a demand ratio of 1,270.51 : 1.
When does Korea No.17 Special Purpose Acquisition list on the Korean stock market?
Trading is scheduled to start on Tue Sep 22, per the issuance result report filed with DART.
What was the Korea No.17 Special Purpose Acquisition retail subscription ratio?
494.62 : 1 across 104,394 applications.

From the DART registration statement (equity securities). Book-building and subscription results are added once the final terms filing and issuance result report are published; listing dates are not included. Not investment advice.