[Featured Stock] TScientific Hits Upper Limit for Two Consecutive Days on News of Bithumb IPO Review
![[Featured Stock] TScientific Hits Upper Limit for Two Consecutive Days on News of Bithumb IPO Review](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
T Scientific is showing strong performance. It is believed to be influenced by the news that the investment company Bithumb is considering listing on the US Nasdaq.
As of 9:15 AM on the 4th, T Scientific is trading at 1,472 KRW, up 29.92% compared to the previous day. It also hit the upper price limit in the previous trading day.
According to industry sources, at an extraordinary shareholders' meeting on the 30th, when a shareholder asked, "Are you considering listing on the US Nasdaq?" Bithumb responded, "We are considering markets open in Korea and the US," and added, "We are fully prepared." Currently, Bithumb is pursuing an initial public offering (IPO) aiming for a listing in the second half of next year. The lead underwriter is Samsung Securities.
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Meanwhile, as of the end of the first half of this year, T Scientific holds a 7.17% stake in Bithumb Korea.
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