Medical device corporations Sky Labs(386380) are up more than 16% on their first day on the KOSDAQ market.
As of 9:30 a.m. on the 4th on the KOSDAQ market, Sky Labs is trading at 11,690 won, up 1,690 won (16.90%) from the offering price (10,000 won). It briefly fell to the 8,500 won level right after the open but quickly reversed the mood and is extending gains.
Founded in 2015, Sky Labs is a medical data platform corporations that collects and monitors biometric data through a ring-type cuffless blood pressure monitor and analyzes it with its own AI algorithms.
In the institutional book-building conducted earlier, the competition ratio was 63.41 to 1, and the retail subscription competition ratio was 2.9 to 1.
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