Surprise Me!

Big Hit Entertainment sets IPO price at US$ 115

2020-09-28 2 Dailymotion

상장 앞둔 '빅히트' 공모가 13만 5천원 확정 ...수요예측 경쟁률 1117 대 1<br /><br />The company that manages K-pop boy band BTS is going public next month, and they've set their IPO price at 115 U.S. dollars a share.<br />That's the top end of its proposed range, after bids were taken from institutional investors last week.<br />In two days of book-building, Big Hit Entertainment drew over 1,400 institutional investors from Korea and abroad... with bids outnumbering offers by 1-thousand-1-hundred-17 to one, which is one of the highest ratios ever.<br />It's higher than the ratio for SK Biopharmaceuticals when it went public this summer, but not as high as Kakao Games,... whose IPO last month had a bid ratio of almost 15-hundred to one.<br />Retail investors will be able to subscribe on October 5th and 6th... ahead of the IPO later in the month.<br />

Buy Now on CodeCanyon