リンテック, which makes adhesive materials, fell for a second straight session after the offering price was set, with market activity reflecting convergence toward that price.
リンテック traded significantly lower than the previous day, closing at ¥5,350 on 2 September, down ¥150 from the previous session. The shares reached ¥5,340 at one point during the day.
The offering price was set at ¥5,335 per share, with the subscription period running through 3 September and settlement scheduled for 8 September. The discount to the previous day's closing price of ¥5,500 was 3.00%.