Failed SpaceX IPO allocation prompts Korea to widen Mirae review

Failed SpaceX IPO allocation prompts Korea to widen Mirae review

South Korea’s financial watchdog has expanded an inspection of Mirae Asset Securities Co. to examine the brokerage’s failure to secure an allocation of SpaceX shares in the company’s initial public offering, according to people familiar with the matter. Mirae Asset, one of the IPO’s underwriters, had offered access to the stock to select investors. But … Read more