Korean AI Cloud Firm Elice Sinks 30%+ in KOSDAQ’s Biggest IPO of 2026

6 outlets reporting

Your call?🐂 Bullish🐻 Bearish

201B won

IPO proceeds

Elice Group raised 201 billion won ($151 million) in the KOSDAQ’s biggest initial public offering (IPO) this year. Its shares then sank over 30% below the IPO price on Tuesday, their first day of trading. The slide came weeks before…