[This Week's IPO] Demand Forecast and Subscription Schedule for the First Week of March

In the first week of this month (March), Angel Robotics, Cochip, and Mintech will conduct demand forecasting for institutional investors. Osang Healthcare is preparing for a general subscription.

◆Angel Robotics= Established in February 2017, Angel Robotics is a wearable robot specialized company engaged in businesses related to walking rehabilitation (MEDI), industrial safety (GEAR), daily assistance (SUIT), and robot parts (KIT). Its main revenue product, AngelX M20, has been sold to over 70 places including major general hospitals such as Sinchon Severance Hospital, Bundang Seoul National University Hospital, and Samsung Changwon Hospital, and is being used for patient rehabilitation training.

Through this listing, a total of 1.6 million shares will be offered, with a public offering price band of 11,000 to 15,000 KRW, resulting in a total public offering amount of 17.6 billion to 24 billion KRW. The demand forecasting will be conducted from the 6th to the 12th of this month, and general investor subscriptions will be held on the 14th and 15th. NH Investment & Securities is in charge of the listing underwriting.

◆Cochip= Cochip, established in 1994, is a specialized manufacturer of ultra-small secondary batteries, mainly producing carbon-based 'ChipCell Carbon' and lithium-based 'ChipCell Lithium' secondary batteries. Based on 31 years of experience, it produces ultra-small secondary batteries used in various front industries.

In this listing, 1.5 million shares will be offered. The desired public offering price band per share is 11,000 to 14,000 KRW, with an expected public offering amount of about 21 billion KRW based on the upper limit. Demand forecasting for institutional investors will be conducted from March 6 to 12 to finalize the public offering price, followed by general subscriptions from the 18th to 19th. It is scheduled to be listed on the KOSDAQ market in March, with Korea Investment & Securities as the listing underwriter.

◆Mintech= Founded in 2015, Mintech is an innovative company specializing in battery diagnostic solutions based on electrochemical impedance. It develops and sells solutions and products that diagnose the performance and safety of secondary batteries. It is the only company in Korea to introduce third-generation battery diagnostic technology combining electrochemical impedance spectroscopy (EIS) and artificial intelligence (AI).

The total number of shares to be offered is 3 million, with a desired public offering price band of 6,500 to 8,500 KRW. The public offering size is expected to be between 19.5 billion and 25.5 billion KRW, and the expected market capitalization after listing is projected to reach 158.4 billion to 207.1 billion KRW. The demand forecasting for institutional investors, where the final public offering price will be determined, will be conducted over five days from March 7 to 13, and general investor subscriptions will take place over two days from the 19th to 20th. KB Securities is the listing underwriter.

◆Osang Healthcare= Osang Healthcare has set its public offering price at 20,000 KRW, exceeding the upper limit of the desired band of 13,000 to 15,000 KRW. It recorded a competition rate of 993 to 1 in demand forecasting. The public offering amount is about 19.8 billion KRW, and the market capitalization upon listing is expected to be around 282.1 billion KRW. General investor subscriptions will be held over two days on the 4th and 5th, and it is scheduled to be listed on the KOSDAQ market on the 13th. NH Investment & Securities is the listing underwriter.

Osang Healthcare plans to use the public offering funds and its cash assets to promote continuous growth by ▲ developing continuous glucose monitoring (CGM) devices ▲ launching new products ▲ expanding localization of production bases ▲ investing in bio/healthcare sectors.