South Korean cloud provider Elice goes public on Kosdaq

Elice raises $150m in Kosdaq listing despite sharp overnight share drop

By GPU Data Hub Desk · GPU Data Hub·Editorial standards·20 Oct 2026, 15:10·South Korea

South Korean cloud provider Elice goes public on Kosdaq

South Korean cloud computing provider Elice has completed its initial public offering on the Kosdaq market, raising $150 million. Despite securing the targeted capital, the company experienced a steep contraction in its equity valuation in overnight trading.

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This summary was written by the GPU Data Hub desk from reporting published by Data Center Dynamics on 20 Oct 2026, 15:10. Read the full article at the original publisher.

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