AIThe Next Webabout 1 hour ago
Elice IPO Sinks 32% on First Day
2 min read
South Korean AI data centre firm Elice shares fell 32% on their first day of trading in Seoul on Tuesday, marking a record-worst debut for a Korean IPO of $100m or more. The company raised 201.1bn won ($151m) by selling 2.22 million new shares at 90,500 won each, with the stock closing at 61,500 won.
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