The IPO subscription for Yeonggwang ended its second day as of 4 p.m. on the 23rd, completing the full schedule. Yeonggwang's subscription was conducted through Korea Investment & Securities.

Over the two days of the 22nd and 23rd, the total number of Yeonggwang IPO subscriptions reached 174,010. The resulting equal allocation of shares was 1.62 shares, with the proportional competition ratio tallied at 1368.47 to 1.

Investors who participated in the subscription need to check the allocation results and refund schedule to be announced.

▲ A 'double-double' is possible on the first day of listing, but a stock price rise is not guaranteed

Under the current price limit rules, newly listed stocks can trade between 60% and 400% of the offering price on the first day of listing. The so-called 'double-double' refers to the stock price rising up to four times the offering price on the first trading day.

However, this is merely the maximum price allowed by the system and does not guarantee an actual rise in the stock price. Given the current market conditions with ample liquidity, attention is focused on whether investor sentiment will continue after the listing.

[This article is intended to provide information for investment reference and does not recommend the purchase or sale of any specific stock. Conditions may vary depending on market circumstances. Investment decisions and any resulting responsibility rest with the investor.]