[This Week's IPO] January Fourth Week Demand Forecast and Subscription Schedule

[Asia Economy Reporter Jang Hyowon] In the fourth week of this month (January), Kkumbee will conduct a demand forecast targeting institutional investors. Studio Mir and Samgi EV are preparing for general subscription.

◆Kkumbee= Established in 2014, Kkumbee manufactures and sells playroom mats for infants, bedding, and wooden furniture. Starting with the launch of the transformable bumper bed in 2016, it introduced the ‘Clean Roll Mat’ in 2018, a noise-reducing mat with enhanced resistance to dust accumulation and mold. Since then, it has released innovative products such as the modular assembly wooden furniture ‘All-Star,’ which can be modified according to a child's growth, and the ‘Double One-Piece Mat,’ which minimizes sewing lines.

The total number of shares offered is 2 million, with a desired public offering price band of 4,000 to 4,500 KRW per share. On the 26th and 27th, a demand forecast will be conducted for institutional investors to finalize the public offering price, followed by general subscription from the 31st to February 1st. The company plans to be listed in February. The lead underwriter is Kiwoom Securities.

◆Studio Mir= The public offering price was set at the upper end of the desired band (15,300 to 19,500 KRW), at 19,500 KRW. A total of 1,704 institutional investors participated in the demand forecast, recording a competition rate of 1,701.62 to 1. The total public offering amount is 19.5 billion KRW. General subscription for individual investors will be held from the 26th to 27th, with plans to enter the KOSDAQ market on February 7th. The underwriter is Mirae Asset Securities.

Founded in 2010, Studio Mir is an animation production company that internalizes all processes before animation production. It has produced works such as ▲‘The Legend of Korra,’ the No.1 U.S. TV animation program ▲‘Boondocks,’ ranked No.1 in ratings across U.S. terrestrial and cable channels ▲‘Dota: Dragon’s Blood,’ ranked 6th in Netflix content overall ▲‘Voltron: Legendary Defender,’ ranked 3rd in Netflix viewership ▲‘The Witcher: Nightmare of the Wolf,’ ranked 2nd in Netflix movie category.

◆Samgi EV= The desired public offering price range is 13,800 to 16,500 KRW, with a public offering amount of approximately 49 billion KRW. A total of 3,552,037 shares will be offered. The demand forecast was conducted on the 17th and 18th, and general subscription will be held on the 25th and 26th. The underwriter is Daishin Securities.

Established in 2020, Samgi EV develops and produces high-quality aluminum parts for electric vehicle battery modules based on high-pressure die-casting technology. In particular, it holds the No.1 domestic market share for the ‘End-plate’ product, which protects against external shocks and suppresses internal cell expansion to enhance battery safety in electric vehicles.