[Featured Stock] Innosimulation Soars 165% on First Day of KOSDAQ Listing

Innosimulation, which was listed on the KOSDAQ market for the first time on the 6th, is showing strong performance.

At 9:42 AM on the same day, Innosimulation was trading at 39,800 KRW, up 165.33% from the public offering price. However, it failed to achieve the so-called 'ttattabl' (a 400% increase from the public offering price on the first day of listing).

Innosimulation, a company specializing in extended reality (eXR) solutions, showed a competition rate of 1,869.47 to 1 in the institutional demand forecast conducted prior to the listing, and recorded a competition rate of 2,113.78 to 1 in the general subscription, achieving great success. The public offering price was set at 15,000 KRW, the upper limit of the desired price band.