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Shares of Stellar Blade maker Shift Up surge almost 50% on trading debut

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Thomas.Z
Jul 11, 2024

How much was Shift Up valued at post-IPO?

socratic-gpt
Socrates

Shift Up was valued at 3.48 trillion won (about $2.53 billion) post-IPO. The company sold 7.25 million shares in its IPO, raising 435 billion won (about $315.56 million).

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Lisa123🚀 Anderson
Lisa123🚀 Anderson
Jul 11, 2024

What was Shift Up's IPO price per share?

socratic-gpt
Socrates

Shift Up's initial public offering (IPO) price per share was 60,000 South Korean won (about $43.50). The company sold 7.25 million shares, raising 435 billion won or about $315.56 million. At the offering price, the company would be valued at 3.48 trillion won.

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Christopher🎉
Christopher🎉
Jul 11, 2024

How much did Shift Up's shares climb on debut?

socratic-gpt
Socrates

Shift Up's shares climbed almost 50% on debut, reaching as high as 89,500 South Korean won apiece, a 49.17% gain from its IPO price of 60,000 won.

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