[This Week's IPO] September Third Week Demand Forecast and Subscription Schedule

In the third week of this month (September), SLS Bio, Purit, and Shinseong ST will conduct demand forecasting for institutional investors. IMT, Millie’s Library, Revu Corporation, Hanssak, and Doosan Robotics are preparing for general subscription.

◆SLS Bio= A bio-venture company established in 2007 and listed on the KONEX market in 2016. Its main business areas include ▲the core cash cow business of 'pharmaceutical quality control' ▲the strategic new business of 'new drug development support' ▲and 'research and development and sales of in vitro diagnostic kits for humans and animals' based on the NTMD (nano technology-based multi-diagnosis) platform technology, which is its original technology.

The number of shares offered is 770,000, all newly issued shares. The desired public offering price range per share is 8,200 to 9,400 KRW. Demand forecasting for institutional investors will be conducted from the 18th to the 22nd to finalize the public offering price, and general subscription will be held from October 10 to 11. The lead underwriter is Hana Securities.

◆Purit= Established in 2010, Purit manufactures various materials used in advanced IT industries such as semiconductors, displays, and secondary batteries. It mainly supplies raw materials for thinner used in the photolithography process, which passes light through to print circuits on wafers in semiconductor manufacturing.

The total number of shares offered is 4,137,000. The desired public offering price band is 8,800 to 10,700 KRW, with an expected market capitalization after the offering of approximately 147.7 billion to 179.6 billion KRW. Demand forecasting for institutional investors will be held from the 20th to the 26th, and general subscription for individual investors is scheduled for October 5 to 6. The lead underwriter is Mirae Asset Securities.

◆Shinseong ST= Shinseong ST’s main products are conductive busbars that connect electrical currents in electric vehicle and ESS secondary battery electronic components, and module cases that protect battery cells from external shocks. In particular, the busbar, a battery conductor, is a key component of electric vehicles that suppresses power loss and conducts electricity.

A total of 2 million shares will be newly issued. The desired public offering price range per share is 22,000 to 25,000 KRW, with a total public offering amount of 44 billion to 50 billion KRW. Demand forecasting for institutional investors will be conducted from the 22nd to October 4 to finalize the public offering price, followed by general subscription on October 10 to 11. The lead underwriter is Mirae Asset Securities.

◆IMT= IMT finalized its public offering price at 14,000 KRW, exceeding the upper limit of the desired price range of 10,500 to 12,000 KRW. The institutional investor demand forecasting competition rate was 753 to 1. IMT will accept general subscriptions for 395,000 shares, which is 25% of the total offering, on the 18th and 19th, and plans to list on October 10. The underwriters are Yuanta Securities and Eugene Investment & Securities.

IMT operates dry cleaning equipment business using laser and carbon dioxide (CO2) and is the only domestic company engaged in extreme ultraviolet (EUV) mask laser baking equipment business. Since the introduction of the technology special listing system, it was the first materials and components company to receive an AA rating from the Korea Invention Promotion Association designated by the Korea Exchange.

◆Millie’s Library= The public offering price was finalized at the top of the desired band, 23,000 KRW. The institutional investor demand forecasting competition rate recorded 619.24 to 1. After subscription on the 18th and 19th, it plans to list on the KOSDAQ market on the 27th. The lead underwriter is Mirae Asset Securities.

Millie’s Library, established in 2016, is a reading platform company that launched Korea’s first monthly subscription e-book service in October 2017. Based on book IP, it develops various multimedia book contents such as audiobooks, audio dramas, chat books (chat-type reading content), docent books, and object books, enhancing both convenience and interest in reading.

◆Revu Corporation= The desired public offering price range is 11,500 to 13,200 KRW. Demand forecasting for institutional investors was conducted until the 15th, and general subscription will be held on the 19th and 20th. The lead underwriter is Samsung Securities.

Revu Corporation is a global influencer platform company with the largest number of influencer members in the industry. It provides services connecting domestic and international companies seeking influencer marketing activities with its accumulated 1.1 million members.

◆Hanssak= The desired public offering price range is 8,900 to 11,000 KRW. Demand forecasting was conducted over five days from the 8th to the 14th, and general subscription for individual investors will be held on the 19th and 20th. The lead underwriter is KB Securities.

Hanssak holds Korea’s first patent for InfiniBand technology and launched Korea’s manganese data transmission security solution, leading the third generation of information security technology and securing market dominance. Through its top-tier security solution status in Korea, it possesses various solution know-how covering all generations from existing on-premises IT environments to cloud IT environments.

◆Doosan Robotics= The expected public offering price range is 21,000 to 26,000 KRW, with a total expected public offering amount of 340.2 billion to 421.2 billion KRW. Demand forecasting was conducted from the 11th to the 15th, and general subscription will be held on the 21st and 22nd. The lead underwriters are Mirae Asset Securities and Korea Investment & Securities, with KB Securities, NH Investment & Securities, and CS Securities as joint underwriters.

Doosan Robotics has maintained the number one domestic market share since it began mass production of collaborative robots in 2018. Since 2021, it has held the fourth position in the global market (excluding China). Doosan Robotics earns more than 60% of its total sales overseas through over 100 sales channels in more than 40 countries and has been continuously expanding its overseas market, including establishing a sales corporation in Texas, USA, in May last year.