In the first week of this month (May), SOS Lab and No Brand will conduct demand forecasting for institutional investors.
◆SOS Lab= SOS Lab is a LiDAR technology specialized company founded in 2016 by CEO Jeong Ji-seong and four PhD students from Gwangju Institute of Science and Technology (GIST). The company operates LiDAR products and data solution businesses utilizing LiDAR.
They plan to offer a total of 2 million shares. The expected public offering price per share ranges from 7,500 to 9,000 KRW, with a total expected offering amount of approximately 15 to 18 billion KRW. The demand forecasting for institutional investors will be conducted over five days from April 30 to May 8, followed by a general subscription on May 13 and 14, aiming for a listing within May. The lead underwriter is Korea Investment & Securities.
◆No Brand= Established in 1994, No Brand is a ‘design platform house’ that directly designs and exports clothing products for global fashion brands. For the past two years, they have been implementing and expanding the ‘Pick & Buy’ system, which independently manages all processes from design and material decisions based on a single concept image, to seasonal planning, market research, color, and fabric development.
The total number of shares to be offered is 1.2 million, with an expected public offering price band of 8,700 to 11,500 KRW per share. Demand forecasting for institutional investors will be conducted from April 30 to May 8 to finalize the public offering price, followed by a general subscription on May 13 and 14, with plans to list thereafter. The lead underwriter is Samsung Securities.
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