MiTAC Subsidiary MiTAC Digital Technology (7821) Opens Public Subscription, With Potential Return Near 70%

MiTAC Group subsidiary MiTAC Digital Technology (7821) focuses primarily on smart-vehicle and Internet of Things applications. Its move from Taiwan’s Emerging Stock Market to a main-board listing marks a further step into the capital markets. A sizable gap between the public subscription price and its Emerging Stock Market price has drawn investor interest in the share lottery and the stock’s post-listing performance.

The public subscription price is NT$38.5 per share, with applications closing on April 10. Investors can enter the lottery through their brokerage firms’ securities apps. Based on recent market prices, a successful application for one lot could generate a potential profit of about NT$26,000, representing a potential return of nearly 70%. Actual returns will still depend on the share price after listing.