Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

LG Energy Allocation Results: Immediate Float Confirmed at 8.8%

LG Energy IPO – What to Watch Leading Into Listing Day

LG Energy Post-Listing Flow Tracking by Date: Passive Inflows & Lockup Release Outflows

LG Energy Solution IPO: Offering Details & Issues for Consideration

Local Battery ETFs Fast Entry Rule Changes: Official Regulatory Filings

LG Energy Themed ETFs Methodology Changes: Latest Situation Update

Gravity Works As WeWork Doesn't; Now Plan B

Bifurcated Chinese Express Market Developing

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Equity Capital Markets

LG Energy Solution / Equity Capital Markets

<ul>
<li>
 This IPO led to unusually high interest from local active funds. This is evidenced by the order volume</li>
<li>
 Nevertheless, many local institutions must have felt burdened with LG Energy's valuation, so they wanted to avoid setting the offering price above the upper end.</li>
<li>
As for the relatively poor lockup result, the issuer's refusal to incentivize lockup to set the float rate to around 10% may also have played a part.</li>
</ul>



 This IPO led to unusually high interest from local active funds. This is evidenced by the order volume

 Nevertheless, many local institutions must have felt burdened with LG Energy's valuation, so they wanted to avoid setting the offering price above the upper end.

As for the relatively poor lockup result, the issuer's refusal to incentivize lockup to set the float rate to around 10% may also have played a part.


LG Energy Solution

LG Energy Bookbuilding: Detailed Results