Asrock Industrial to open public share subscription from Oct. 14 to Oct. 16 ahead of listing

Asrock Industrial, the Pegatron Group-backed industrial PC and edge computing company trading under ticker 7710, is set to launch its pre-listing public share subscription from Oct. 14 to Oct. 16. Based on the tentative underwriting price of NT$138 and an over-the-counter reference price of about NT$200 cited in the source article, one lot could imply a paper gain of more than NT$60,000, with an estimated return of roughly 45%. The source article explains that Taiwan’s so-called stock lottery is the public subscription process used when companies issue new shares during an IPO or a cash capital increase after listing. Investors apply through a brokerage platform and, if demand exceeds the shares available, allocation is decided by a computerized random draw run by the Taiwan Stock Exchange. The report also outlines the mechanics and risks. Subscription funds are frozen for several trading days after the deduction date, and applicants must also account for fees, including a NT$20 processing charge and a NT$50 mailing fee for the winning notice. Asrock Industrial is moving from the emerging stock market to a formal listing, so the current reference price comes from a market with lower liquidity and sharper swings, leaving uncertainty over whether the share price can hold at the same level once official trading begins.