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#ETH巨鲸增持 Moore Threads' Sci-Tech Innovation Board IPO subscription concludes: only 29,000 shares were not subscribed, and the sponsoring institution fully covers the shortfall.



On November 27, news came that Mowei Thread announced the final subscription data for its initial public offering on the Sci-Tech Innovation Board. As of the payment deadline on November 26, the overall subscription situation was extremely enthusiastic.

$BTC Online retail investors subscribed to 16.7707 million shares, investing 1.917 billion yuan. However, there was a small portion of abandoned subscriptions — 29,302 shares went unclaimed, corresponding to an amount of 3.3486 million yuan. The performance on the institutional side was steadier, with offline investors subscribing to 39.2 million shares, pouring in 4.48 billion yuan in real funds, and the number of abandoned subscriptions was zero.

$ETH Those 29,000 shares abandoned by retail investors? The lead underwriter took over completely. The underwriting amount is 3.3486 million yuan, accounting for 0.04% of the total issuance scale and 0.05% of the scale after deducting the strategic allocation. From this ratio, the amount of abandoned subscriptions is negligible and can basically be ignored. $BNB

Overall, this issuance can be considered a smooth conclusion, with good market recognition.
ETH7.67%
BTC6.25%
BNB7.26%
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LiquidityWhisperervip
· 11-30 03:19
What are retail investors buying again? Institutions are really ruthless, directly getting dumped 4.48 billion without any hesitation.
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TokenSleuthvip
· 11-29 11:11
Retail investors have been played people for suckers again, while institutions directly cover the entire amount this time. It feels like there’s an insider.
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Rekt_Recoveryvip
· 11-28 03:35
ngl the fact that retail left 2.9k shares on the table tells me something... they're finally learning not to fomo into every ipo lmao. institutions carrying the bag though, classic move. seen this play out before, usually doesn't end well for someone.
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StableGeniusvip
· 11-27 12:10
honestly the 0.04% underwriter bag-holding is so statistically irrelevant it's almost comical... but empirically speaking, this is exactly what happens when retail fomo meets institutional discipline. as predicted, the spreadsheet folks showed up while randoms panic-sold their allocation. fundamentally flawed retail psychology right there.
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PrivateKeyParanoiavip
· 11-27 12:09
Retail investors abandoned 29,302 shares, and institutions took them all. This method is quite something.
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RektRecordervip
· 11-27 12:04
Retail investors are starting to catch a falling knife again, while institutions must have already rug pulled.
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LoneValidatorvip
· 11-27 12:03
The methods used by institutions are really ruthless. The stocks abandoned by retail investors are immediately consumed by the lead underwriter. Saying it's only 0.04% of the volume seems easy, but in reality, this is a guaranteed profitable trade.
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PretendingToReadDocsvip
· 11-27 11:41
Retail investors really can't do it, institutions are just stable. 29,000 shares can be released just like that, and the lead underwriter has to back it up, a bit awkward.
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