Kots Technology, which is pursuing a listing on the KOSDAQ, raised 2.73 trillion won in a public offering subscription targeting general investors.
According to Korea Investment & Securities on the 2nd, Kots Technology recorded a competition rate of 1682 to 1 in the public offering subscription held over two days starting the previous day.
The deposit, which requires paying half of the subscription amount in advance, amounted to approximately 2.7335 trillion won.
The total number of subscription cases reached 285,841, combining those from the lead underwriter Korea Investment & Securities and the underwriter Hi Investment & Securities.
Founded in 1999, Kots Technology is a specialized company in embedded systems based on single-board computers (SBC). Its main products are military display devices and computer equipment mounted on weapon systems. Embedded systems refer to computer systems embedded with dedicated software to perform specific functions.
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