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Mirae Asset has formally apologized to its investors for failing to obtain an allocation in the highly anticipated SpaceX initial public offering (IPO).
The company's apology comes after it was unable to secure a spot in the coveted IPO, leaving its investors without a stake in the private space exploration firm.
The incident has sparked concerns among investors, who had high hopes of being part of the historic IPO.
Mirae Asset issues apology to investors following failure to secure SpaceX IPO allocation