MOBIRIX

News

MOBIRIX, book buiding competition rate 1407.53 to 1... Confirmation of 14,000(KRW) the reached the top of the range in desired public offering price

관리자 2021.01.18

Scheduled to be listed on the 28th after a public subscription from 19th to 20th  

 

 

MOBIRIX, the mobile game developer and publisher announced that on the 18th that the public offering price has been confirmed to be 14,000 (KRW).

 

 As a result of book building about MOBIRIX for institutional investors conducted from the 14th to the 15th, 1,516 domestic and foreign organizations participated in recruiting 1,337,000 shares, 74.3% of the total public offering. The total number of applied shares calculated as 1.88 billion, and the final competition rate was 1407.53:1.

 

Especially, 97% of participations gathered at the upper part of the public offering prices, showing great interest in MOBIRIX's listing.


The total public offering amount is 25.2 billion (KRW).

Funds inflow to the company will be mainly used for

1.     Game development costs to expand mid to long-term new lineups

2.     Investment in excellent game developers and studios for synergy from external sourcing

3.     User data analysis advancement development costs.


MOBIRIX plans to launch a number of mid-core games in this year to increase sales through in-app payments, and also it is going to reinforcing the mid-core game group through M&A and publishing with excellent developers.

 

Joong-su Lim the CEO of MOBIRIX, mentioned, "We will continue to work to improve shareholder’s value, moreover we are going to spurring on development and publishing of new games even after listing."

 

Subscription of MOBIRIX for public are 360,000 shares, 20.0% of the total public offering. It will be held for two days from the 19th to the 20th, moreover MOBIRIX is expected to be listed on the 28th of this month. The lead under writer is ‘Korea Investment & Securities’. 

 

 

 

FNTIMES  hsbrobin@fntimes.com 

 

https://www.fntimes.com/html/index.php

https://cnews.fntimes.com/html/view.php?ud=2021011817141939536c0eb6f11e_18