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

In the fourth week of this month (July), Bankware Global will conduct a demand forecast targeting institutional investors. P&SM Mechanics and iBeam Technology are preparing for their general subscription.

◆Bankware Global= Established in 2010, Bankware Global is a company that has built a unique competitive edge by developing core banking packages. It has supplied packages to MyBank, Alibaba's internet bank in China, K-Bank in Korea, and Line Bank in Taiwan, and currently has secured over 100 clients across seven Asian countries, including ▲financial public institutions ▲commercial banks ▲savings banks ▲card companies ▲capital companies ▲fintech firms.

The total number of shares offered is 1.4 million, with the desired public offering price band set between 16,000 and 19,000 KRW per share. From July 23 to 29, a demand forecast will be conducted targeting institutional investors to finalize the public offering price, followed by a general subscription on August 1 and 2, with plans to list the company. The listing underwriter is Mirae Asset Securities.

◆P&SM Mechanics= The public offering price was finalized at 22,000 KRW, exceeding the upper limit of the desired price band. A total of 2,216 institutions participated in the demand forecast, recording a competition rate of 986.08 to 1. The general subscription will take place on July 22 and 23. The listing underwriter is Kiwoom Securities.

P&SM Mechanics, whose main product is the walking rehabilitation robot ‘Walkbot’, has been an industry pioneer since its establishment in 2003, developing over 300 types of robots. After enhancing its technological capabilities with advanced humanoid robots and haptic robots in collaboration with major domestic research organizations, it introduced the Walkbot for the first time in 2011.

◆iBeam Technology= The desired public offering price range is 7,300 to 8,500 KRW per share. The demand forecast was conducted from July 15 to 19, and the general subscription will be held on July 25 and 26. The total expected public offering amount is approximately 18.9 billion KRW based on the upper limit of the price band. The company plans to list on the KOSDAQ market in August, with Samsung Securities as the listing underwriter.

iBeam Technology was established in 2017 as a faculty startup based on innovative IntraVital Microscopy (IVM) core technology developed by CEO Kim Pilhan, a professor at the Korea Advanced Institute of Science and Technology (KAIST) Graduate School of Medical Science. It is a biotechnology company that succeeded in commercializing the world’s first all-in-one integrated intravital microscopy equipment.