The public subscription of Global Technology, a system semiconductor fabless company, for general investors concluded on the 17th. With the subscription closed, investors' attention is focused on the results of the even and proportional allocations.

Global Technology conducted its general subscription over two days starting on the 16th through Korea Investment & Securities, the lead underwriter. During this period, the total number of subscriptions reached 77,278, resulting in an even allocation of 6.47 shares and a proportional competition ratio of 113.30 to 1.

In terms of the offering conditions, the final offer price was set at 10,000 won, lower than the bottom of the initially proposed desired range (13,000 to 15,000 won). The total number of shares offered is 4 million, of which 25%, or 1 million shares, are allocated to general investors. Considering recent market conditions and investor sentiment, the company set the offer price at 10,000 won, below the desired range. Based on the offer price, the amount to be raised is 40 billion won, and the expected market capitalization after listing is approximately 196.5 billion won.

Meanwhile, the demand forecast conducted earlier for institutional investors saw participation from 961 domestic and foreign institutions, recording a competition ratio of 123.19 to 1. However, the institutions' mandatory holding commitment ratio stood at only about 0.27% by volume.

Global Technology will proceed with allocation and refund processes following the subscription and is scheduled to list on the KOSDAQ market on the 29th. On the day of listing, investors should exercise caution, as the stock price may fluctuate significantly depending on supply and demand and market conditions.

[This article is for informational purposes only to assist investment decisions and does not recommend the purchase or sale of any specific asset or guarantee investment returns. The final judgment and responsibility for investments rest with the investor.]