[This Week's IPO] February Second Week Demand Forecast and Subscription Schedule

[Asia Economy Reporter Jang Hyowon] In the second week of this month (February), Oasis will conduct a demand forecast targeting institutional investors. Sands Lab and J.O are preparing for their general subscription.

◆Oasis= Founded in 2011, Oasis differs from typical e-commerce companies based on online marketplaces by being established on an offline store basis. Based on a producer direct sourcing network firmly built through offline stores, it provides consumers with high-quality organic food at reasonable prices. Based on this, in 2018, it launched 'Oasis Market' and operates an expanded business scope including fresh food dawn delivery.

The total number of shares offered is 5,236,000. The expected offering price is between 30,500 and 39,500 KRW, with a total offering amount ranging from 159.7 billion to 206.8 billion KRW. After conducting demand forecasting on the 7th and 8th, general subscription will be held on February 14th and 15th, and it is scheduled to enter the KOSDAQ market within February. NH Investment & Securities and Korea Investment & Securities are joint lead managers.

◆Sands Lab= The offering price was fixed at the top of the desired band, 10,500 KRW. A total of 1,541 institutions participated in the demand forecast, recording a competition rate of 1,325.79 to 1. A total of 3.7 million shares are planned to be offered, and general investor subscription is scheduled for the 6th and 7th. The KOSDAQ listing date is the 15th.

The core technology of Sands Lab is the analysis and collection of big data on malicious codes, averaging 2 million per day and accumulating over 2.2 billion. It achieved a cumulative order amount of 10 billion KRW in the third quarter of last year. The goal is to achieve an operating profit of 30.9 billion KRW and an operating profit margin of 45% by 2025.

◆J.O= J.O's per-share offering price band is 10,000 to 13,000 KRW. The total number of shares offered is 4 million. Demand forecasting will be conducted over two days, February 1st and 2nd, and based on this, the offering price will be finalized on the 6th, followed by general subscription over two days on the 7th and 8th. The expected listing period is mid-February, and the lead manager for the listing is Korea Investment & Securities.

J.O operates a secondary battery anode material carbon nanotube business based on independently developed technology and production facilities, and a plant engineering business providing design, procurement, and construction (EPC) related services including process design, basic and detailed design, project management, and commissioning across various industrial fields.