Innotech and Two Other Companies Apply for KOSDAQ Listing Preliminary Review

The Korea Exchange KOSDAQ Market Headquarters announced on the 12th that it has received preliminary listing examination applications from three companies, including Innotech.

Korea Exchange, Yeouido, Seoul. Photo by Jinhyung Kang aymsdream@

Innotech is a manufacturer of special-purpose machinery, with key products including complex reliability environmental testing equipment.

Last year, it recorded sales of 51.855 billion KRW and an operating profit of 4.58 billion KRW. KB Securities acted as the lead manager for the listing.

PIE is a company that provides artificial intelligence (AI) vision solutions and smart factory solutions.

Last year, it posted sales of 85.838 billion KRW and an operating profit of 3.994 billion KRW. Samsung Securities is the lead manager for the listing.

In addition, Kyobo No.17 Special Purpose Acquisition Company (SPAC) also applied for a preliminary listing examination.