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[Alpha Biz=(Chicago) Reporter Kim Jisun] COTS Technology announced on the 31st that it confirmed the final public offering price at 13,000 won, exceeding the top of the desired band, with a competition ratio of 1,837 to 1 in institutional investor demand forecasts.
COTS Technology, which conducted demand forecasts for domestic and foreign institutional investors for two days from the 26th to the 27th, recorded a competition rate of 1,837 to 1 with 1,914 institutions from home and abroad participating.
Founded in 1999, COTS Technology specializes in embedded systems in the defense industry based on single-board computers.
The total amount of public offering is about 13 billion won, and the market capitalization is expected to be about 66.1 billion won after listing. 100% of the total amount of participation (including no price) offered a price of more than 11,500 won at the top of the band.
Meanwhile, COTS Technology is scheduled to enter KOSDAQ on August 10 after general subscription for two days from August 1 to 2.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
