OrangeShock, IPO Preparation in Full Swing... Issuance of Unified Stock Certificates and Selection of Lead Underwriters Underway

OrangeShock, a leading creator company in Korea, has begun preliminary preparations for its public listing next year. OrangeShock is preparing for a listing on KONEX next year, with the goal of transferring to KOSDAQ or directly listing on KOSDAQ. This confidence stems from the continuous increase in sales last year and this year, proving its growth potential and profit-generating foundation. The company plans to use the funds raised through the initial public offering (IPO) to continuously expand its content business and enter the global market as a "national representative creator."

The designated advisor for the listing preparation is expected to be selected from major securities firms such as Mirae Asset Daewoo Securities, Daishin Securities, or Shinhan Financial Investment. They are currently reviewing and negotiating advisory proposals. OrangeShock plans to establish an optimal listing strategy in consultation with the advisor.

Additionally, as part of the pre-listing preparations for KOSDAQ and shareholder management, OrangeShock has completed the issuance of standardized securities (통일주권, Tongil Jukyung). These standardized securities are recognized by the Korea Securities Depository, allowing investors to transfer securities between accounts without physically holding the certificates. This enhances convenience and trading stability, protecting investors' rights while reducing issuing company expenses and improving the efficiency of the securities market.

OrangeShock CEO Ko Tae-yoon stated, “We are pleased to have completed the issuance procedure of the standardized securities, the first hurdle in preparing for the listing. We plan to consult with the lead underwriter to meet shareholder recruitment requirements by releasing 30% of the company’s total shares to the market before proceeding with the IPO, followed by a bonus issue and full-scale listing.”