Bankware Global Confirms Offering Price at 16,000 Won… Listing on August 12
Summary
Bankware Global has set its IPO price at 16,000 won per share. Investor demand was strong, with 827 institutions taking part in the book-building process and the offering reportedly oversubscribed 155.74 to 1. The company plans to raise about 22.4 billion won from the listing and use the funds to strengthen sales, marketing, and R&D for its global business expansion. Retail subscriptions will run on August 1 and 2, and the company expects to list on August 12. The CEO says the IPO will help Bankware Global grow into a leading global financial IT company.
Funding
Amount
$16.0M
Total raised
Date
July 31, 2024
Announcement date
Investors
-
Lead investors
Company
bankwareglobal.com
Funded company
Classifications
industries
Fintech & Banking
applications
ERP & Process Management
AskAI Classifications
Labels
Banking Software
Fintech SaaS
Enterprise Software
Linked Companies
Bankware Global
$10M to $25M