[Featured Stock] Seeustech Soars 50% on First Day of KOSDAQ Listing

Seers Technology is rising more than 50% on its first day of trading on the KOSDAQ.

As of 10:07 a.m. on the 19th, Seers Technology was trading at 26,300 KRW, up 9,300 KRW (54.71%) from the public offering price of 17,000 KRW.

Seers Technology was established in 2009. It is a digital healthcare specialized company providing cardiac disease diagnosis and inpatient monitoring services based on wireless wearable medical devices and medical artificial intelligence (AI) technology. It supplies the wearable AI cardiac disease diagnosis and screening service ‘mobiCARE™’ and the inpatient monitoring service ‘thynC™’.

‘mobiCARE’ is a service that screens and diagnoses cardiac diseases using wearable medical devices and AI. It analyzes patients’ electrocardiogram data and detects various arrhythmias to diagnose cardiovascular diseases, establishing itself as the number one wearable AI electrocardiogram testing service in Korea.

‘thynC’ is a service that expands Seers Technology’s proven wearable AI technology from the diagnostic field to patient monitoring. It integrates real-time analysis AI necessary for inpatient monitoring, wireless wearable medical devices, network solutions, and ward monitoring server systems to develop a centralized patient monitoring device.

In the demand forecast conducted from the 27th to the 31st of last month, 2,260 domestic and international institutions participated, recording a competition rate of 1,084 to 1. The final public offering price was set at 17,000 KRW, exceeding the upper limit of the public offering price band. The public subscription for general investors recorded a competition rate of 1,436.96 to 1. The subscription deposit amounted to approximately 3.9696 trillion KRW.