Korea introduces cornerstone lockups to curb IPO price drops
Statements (3)
- Neutral
South Korea will introduce a cornerstone investor system for IPOs with lockups of at least six months
- Neutral
South Korea's top financial regulator will introduce a system for cornerstone investors in initial public offerings to curb sharp price drops after listings.
- Neutral
Korea is introducing cornerstone lockups to prevent post-IPO sell-offs.