Hanwha Asset Management's Lemon Healthcare Exit Delayed as Stock Falls Below 50% of IPO Price

Lemon-3.70%
According to iNews24 citing South Korea's Financial Supervisory Service, on July 24, Hanwha Asset Management has faced delays in its exit from Lemon Healthcare as the stock plummeted below 50% of its IPO price just one month after the company's July 6 listing. The asset manager had already liquidated its entire uncommitted shares on the listing date, with further recovery expected to be difficult when the one-month lock-up expires.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments