Raontech Submits Securities Registration Statement... Plans to Transfer Listing to KOSDAQ in May

[Asia Economy Reporter Hwang Yoon-joo] Raontech, a company specializing in robot automation systems, announced on the 9th that it has submitted a securities registration statement for its transfer listing to the KOSDAQ market.

The total number of shares offered is 500,000. The expected price range per share is 12,800 to 15,800 KRW, with a maximum planned offering amount of 7.9 billion KRW. The offering price will be finalized through demand forecasting on the 26th and 27th, followed by subscription on the 3rd and 4th of next month. The listing is scheduled for May. KB Securities is the lead underwriter.

Founded in 2000, Raontech develops and manufactures industrial robots used in semiconductor manufacturing processes. It is currently listed on the KONEX market.