Business · Companies · 3 hrs ago
Golf technology firm Creatz falls 28% below IPO price on KOSDAQ debut
Creatz shares fell 28.07% below their IPO price early on the company’s first day of trading on South Korea’s KOSDAQ market.
At 9:20 a.m.
on October 30, they were trading at 10,790 won, compared with the 15,000-won offering price.
The company develops golf measurement and analysis technology, including equipment that tracks golf ball and club movement, simulation software and AI-based swing analysis.
Founded in 2009, Creatz set its IPO price at the bottom of its proposed range after institutional investors placed bids.
Institutional demand reached 240.46 times the shares offered in the demand survey.
Individual investors’ subscription rate was 6.92 times, raising about 18.2 billion won in subscription deposits.
The shares opened below their IPO price, though the figures given are for early trading on debut day, and no later outcome is stated.
Creatz shares traded 28.07% below their IPO price early on their first day on KOSDAQ.
At 9:20 a.m. on October 30, the shares were trading at 10,790 won, down 4,210 won from the 15,000-won offer price.
Creatz develops golf launch monitors, golf simulation software and AI-based swing analysis services.
Its institutional investor book-building recorded 240.46 times demand, while its public offering subscription recorded 6.92 times demand.
- Who
- Creatz, a golf technology company.
- What
- Its shares traded 28.07% below the IPO price on their KOSDAQ debut.
- When
- October 30, 2026; the reported price was at 9:20 a.m.
- Where
- KOSDAQ, South Korea.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Institutional investor book-building recorded demand 240.46 times the number of shares offered.
The public offering subscription recorded demand 6.92 times the number of shares offered and raised about 18.2 billion won in subscription deposits.
On its first day on KOSDAQ, Creatz was trading at 10,790 won, 28.07% below its offer price.
- IPO price
- 15,000 won per share
- Debut price
- 10,790 won at 9:20 a.m. on October 30
- Change from IPO price
- Down 4,210 won, or 28.07%
- Institutional demand
- 240.46 times
- Public subscription demand
- 6.92 times
- Subscription deposits
- About 18.2 billion won