Daily BriefsSouth Korea

Daily Brief South Korea: Jeisys Medical and more

In today’s briefing:

  • Breakdown of Archimed’s Massive Tender Offer for Jeisys Medical Shareholders


Breakdown of Archimed’s Massive Tender Offer for Jeisys Medical Shareholders

By Sanghyun Park

  • Archimed aims to acquire 72% of Jeisys Medical’s shares, totaling 55,724,838 shares. The tender offer runs from the 10th of this month to the 22nd of the following month.
  • If tendered shares fall short of the 18,013,879 minimum, Archimed refrains from purchases. If exceeded, Archimed buys all, eliminating allocation risk.
  • With over 70% substantial volume and a large portion held by local retail investors, surpassing the 26% threshold seems feasible.

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