The IPO subscription for digital healthcare company Lemon Healthcare has closed.

A total of 313,347 applications flooded in during the two-day subscription period held on the 24th and 25th, with KB Securities as the lead underwriter. As a result, the number of equally allocated shares based on the minimum subscription threshold came to 0.80 shares, meaning that not every subscriber is guaranteed to receive even one share. The proportional competition rate stood at 3,020.14 to 1.

Previously, Lemon Healthcare also recorded a high competition rate of 1,238 to 1 during institutional investor demand forecasting.

Lemon Healthcare is scheduled to list on July 6. If it achieves a "double" on its listing day, the share price could rise to 40,000 KRW, a 300% increase from the offering price. However, the industry view is that unconditional optimism is unwarranted.

Meanwhile, according to regulatory filings, Lemon Healthcare's core technology is 'LDB (Lemon Digital Bridge).' It is a bidirectional medical MyData relay platform technology that collects (GET) patients' medical data and converts and provides (GIVE) it in real time according to the requirements of users (demand institutions).

[※ This article is for reference in making investment decisions, and responsibility for investment outcomes lies with the investor.]