IPO subscription terms
This page only says what the words mean.
- Subscription (청약)
- You apply to a broker for shares in the offering.
- Deposit (증거금)
- Money you set aside when you apply. What is not allotted comes back.
- Equal allocation (균등)
- Applicants each get the same quantity.
- Pro rata (비례)
- Shares are split in proportion to the deposit.
- Lead underwriter (주관사)
- The broker that runs the offering. You apply through its account.
- Payment date
- The day you pay for the shares you were allotted.
- Refund date
- The day the unallotted deposit returns. We read it only from the filing text.
- Amendment (기재정정)
- A filing that corrects a registration statement already filed.
- Final terms (발행조건확정)
- A filing sent again once terms such as the price are set.
- SPAC
- A company formed to merge with another company.