Hurim Robotics Public Offering Paid-in Capital Increase Records Competition Rate of 439.95 to 1... What is the Upcoming Schedule?
On the 2nd, Hurim Robotics announced the results of its public offering paid-in capital increase subscription through a regulatory filing. For this subscription
What to know
- On the 2nd, Hurim Robotics announced the results of its public offering paid-in capital increase subscription through a regulatory filing. For this subscription

On the 2nd, Hurim Robotics announced the results of its public offering paid-in capital increase subscription through a regulatory filing. For this subscription, which took place over two days from June 1 to 2, a total of 44,800,692 shares were received against the planned offering of 101,832 shares.
Accordingly, the subscription rate was tallied at 43,994.71%, and the competition rate at 439.95 to 1. However, some analyses suggest that this competition rate reflects the relatively small volume of the public offering, which stands at around 100,000 shares, making it limited in interpreting it as a direct indicator of overall demand.
The company stated that if there is a shortfall in subscriptions after the public offering, the corresponding shares will be processed as unissued. The upcoming key schedule is as follows.
- June 4: Allocation and refund announcement
- June 5: Payment of share capital and refunds
- June 18: Scheduled listing date for new shares