South Korean data center IPO tomorrow will test the confidence of investors in AI
2026-10-19 15:44:09
According to CoinMeta, South Korean data center infrastructure company Elice Inc will list on the Korea Growth Market (KOSDAQ) on Tuesday, planning to raise 201 billion Korean won (approximately $151 million) through an IPO. This will be the largest IPO on this exchange so far this year. Elice has set the issue price at 90,500 Korean won per share, and the total market value after listing is expected to exceed 1 trillion Korean won. Previously, its competitor Firmus canceled its much-anticipated listing plan this month, a move that will undoubtedly test the confidence of artificial intelligence investors.
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Source:Jin10 Data
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