[This article was reported on June 25 (17:29) on "Radar M," a paid media outlet specializing in the Mail Business capital market]
Lemon Healthcare, a real-time two-way medical data relay platform company, announced on the 25th that it had a competition ratio of 1511 to 1 as a result of applying for public offering shares for general investors for two days from the 24th to the 25th of this month.
755,284,210 shares were received for a total of 2 million shares. The number of subscriptions was 313,347. The subscription deposit attracted about 3.7764 trillion won. The organizer is KB Securities.
A total of 2,233 institutions participated in the demand forecast conducted from the 15th to the 19th, showing a competition ratio of 1,238 to 1. The final offering price was confirmed at 10,000 won, the upper end of the desired range (7,500 won to 10,000 won).
Accordingly, the total public offering amount is 20 billion won and the expected market capitalization is 133.5 billion won. Lemon Healthcare will be listed on the KOSDAQ market on the 6th of next month after payment on the 29th of this month.
The funds raised through listing will be used to establish an infrastructure for distribution and transaction of medical data for AI learning, advance existing services, and develop new services.
