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[IPO Subscription Closes] Labelup Subscription Ends — Equal Allocation of 12.90 Shares and Proportional Competition Ratio of 7.11 to 1

The public subscription for Labelup shares by retail investors concluded at 4 p.m. on the 23rd. Labelup conducted its subscription over two days, from the 22nd to the 23rd, through NH Investment & Securities. The total number of subscriptions over the two days came to 21,128, resulting in a minimum

Oseong Kwon
Staff Reporter
2 min read
[IPO Subscription Closes] Labelup Subscription Ends — Equal Allocation of 12.90 Shares and Proportional Competition Ratio of 7.11 to 1
CBC News

The public subscription for Labelup shares by retail investors concluded at 4 p.m. on the 23rd.

Labelup conducted its subscription over two days, from the 22nd to the 23rd, through NH Investment & Securities. The total number of subscriptions over the two days came to 21,128, resulting in a minimum equal allocation of 12.90 shares per subscription and a proportional competition ratio of 7.11 to 1.

As of the first day, the 22nd, the equal allocation stood at 28.74 shares with a proportional allocation competition ratio of 0.834 to 1. On the first day, the estimated equal allocation shares reached double digits, while the proportional competition ratio fell short of 1 to 1.

Meanwhile, attention is now focused on how Labelup will perform after listing, having completed its subscription schedule. Labelup is scheduled to list on November 3, with the refund date set for October 27.

[This article is provided for informational purposes to aid investment decisions and does not recommend the purchase or sale of any specific stock. Figures may vary depending on market conditions. Investment decisions and any resulting responsibility lie with the investor.]

Oseong Kwon
Staff Reporter

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