The Financial Supervisory Service (FSS) is set to investigate the circumstances surrounding the complete cancellation of SpaceX's planned IPO allocation to Future Asset Securities.
According to financial authorities on June 14, the FSS began inspecting Future Asset Securities on June 5 regarding the SpaceX IPO subscription sales and transitioned to a full inspection last week. Following the cancellation of the allocation on June 13, the FSS has prioritized understanding the situation.
The financial investment industry reported that SpaceX initially planned to allocate 2,314,815 shares of its Class A common stock to Future Asset Securities out of a total of 555,555,555 shares for sale. However, it was revealed that Goldman Sachs, the lead underwriter, did not allocate any shares to Future Asset Securities during the final distribution process, leading to the cancellation.
The FSS is currently investigating the reasons behind Future Asset Securities' failure to receive the SpaceX IPO shares.
Additionally, the FSS will closely examine whether Future Asset Securities adequately informed individual and corporate professional investors about the potential risks associated with the failed allocation.
* This article has been translated by AI.
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