Elice Shares Open 16% Below IPO Price in Market Debut
Shares in South Korean AI infrastructure company Elice Group opened at 75,700 won, 16% below their IPO price, on Tuesday. The company raised 201.1 billion won ($151.12 million) in its IPO.
Elice Group shares opened 16% below their initial public offering price when the South Korean artificial intelligence infrastructure company debuted on the market Tuesday. The IPO raised 201.1 billion won ($151.12 million). The shares opened at 75,700 won, compared with…