8ZZ

HanCe
2026-09-14 08:19:25

HanCe public share subscription closes with estimated success rate of just 0.33%

HanCe (7856), a heavily watched Emerging Stock Board name in Taiwan, closed its public share subscription on Sept. 14 with 1,048 lots available at an underwriting price of NT$2,250 per share, according to exchange data cited by ABMedia. The draw is scheduled for Sept. 16, while the company is set to list over the counter on Sept. 22. Each investor can apply for one lot of 1,000 shares, meaning the required amount per application reaches NT$2,250,070 after fees. ABMedia also noted that investment influencer 8ZZ posted his subscription screenshot on Facebook, joking that he had borrowed money to scrape together roughly NT$2.2 million. The offering has drawn intense attention because of the large gap between the underwriting price and HanCe’s recent Emerging Stock Board trading range of about NT$4,885 to NT$5,200. Based on market estimates cited in the report, if final applications reach 320,000, the success rate would fall to roughly 0.33%, or about one winning lot for every 305 applicants.

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HanCe public share subscription closes with estimated success rate of just 0.33%