Exchange, KB 21st Hose Pack New Listing Approval

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KOSDAQ trading from the 23rd

A view of the Korea Exchange in Yeouido, Seoul. ⓒKorea Exchange

The Korea Exchange announced on the 21st that it had approved a new listing on the KOSDAQ market for the ‘KB No.21 Company Acquisition Purpose’.

Trading starts on the 23rd, and the volatility mitigation device (VI) is not applied on the day of listing.

SPAC is a nominal company established solely for the purpose of corporate mergers and acquisitions, and will be delisted if not merged within three years.

The public offering price was 2,000 won, a single price, and the total offering price was 15 billion won.

The number of stocks expected to be listed was 7.71 million common stocks, and the total number of publicly offered stocks was 7.5 million.

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