[This Week's IPO] October Fifth Week Demand Forecast and Subscription Schedule

In the fifth week of this month (October), Pine Medics, Schem, Witz, Synapsoft, 3A Logics, MOT, Dongbang Medical, and Meatbox Global will conduct demand forecasting targeting institutional investors. Theborn Korea and Tomocube are preparing for general subscription.

◆Pine Medics= Pine Medics, established in 2009, is a specialized manufacturer of gastrointestinal endoscopy surgical instruments. It is a 'prosumer (Product+Consumer)' type company founded to fully reflect the field experience and concerns of practicing gastroenterologists. Having succeeded in domestic production of gastrointestinal endoscopy surgical instruments that were mostly dependent on overseas products, the company is rapidly expanding its market both domestically and globally.

The total number of shares to be offered is 900,000, with a desired offering price range of 9,000 to 10,000 KRW per share, and a total offering amount of 8.1 to 9 billion KRW. Demand forecasting will be conducted from October 28 to November 1, followed by general subscription on November 6-7. The lead underwriter is Korea Investment & Securities.

◆Schem= Schem, established in 2014, is a company specializing in OLED material synthesis and purification. The company supplies high-quality materials that meet the trends of ▲high performance ▲high efficiency ▲long lifespan by implementing ultra-high purity materials of 99.9% through advanced sublimation purification technology.

A total of 1.95 million shares will be offered. The desired offering price is between 13,000 and 14,600 KRW, with a total offering amount of 25.3 to 28.4 billion KRW. Demand forecasting will be conducted from October 28 to November 1, and general subscription will be held on November 7-8. The underwriter is NH Investment & Securities.

◆Witz= Witz supplies core solutions across all areas of power transmission including mobile, wearable, and electric vehicles (EV). Since its establishment in 2019, it has been a key partner for Samsung Electronics' wireless charging solutions, supplying wireless charging solutions for mobile devices such as the Galaxy S series and various wearable devices.

The total number of shares offered is 3 million, with a desired offering price range of 5,300 to 6,400 KRW, and a total offering amount of 15.9 to 19.2 billion KRW. Demand forecasting targeting institutional investors will be conducted from October 28 to November 1 to finalize the offering price, followed by a two-day subscription on November 7 and 8. The lead underwriter is Shinhan Investment Corp.

◆Synapsoft= Founded in 2000, Synapsoft has proven to enhance work productivity in the digital document utilization field, securing over 7,000 private companies including large corporations such as Samsung Electronics, SK, Hyundai, and LG, as well as 80% of government agencies as customers.

A total of 1.01 million shares will be offered through this listing, with a desired offering price band of 21,000 to 24,500 KRW, and a total offering amount of 21.2 to 24.7 billion KRW. Demand forecasting will be conducted from October 29 to November 4, and general subscription will be held from November 8 to 11. The underwriter is NH Investment & Securities.

◆3A Logics= Since its establishment in 2004, 3A Logics has succeeded in domestic production of NFC-related technology, which was previously dependent on overseas products, securing a dominant position in the domestic market. It was the first in Korea to develop NFC Dynamic tag chips and NFC reader chips independently. The 'TNR100', which applies the Digital Key 1.0 standard for vehicle digital keys, also became the first in Korea to obtain AEC-Q100 Grade 1 certification from the Automotive Electronics Council (AEC).

The total number of shares offered is 1,857,400, with a desired offering price range of 15,700 to 18,200 KRW per share. Demand forecasting targeting institutional investors will be conducted over five business days from October 29 to November 4 to finalize the offering price, followed by general subscription on November 7-8, and the listing is scheduled within November. The joint lead underwriters are Mirae Asset Securities and Shinhan Investment Corp.

◆MOT= MOT is a global manufacturer of secondary battery assembly equipment. The secondary battery cell manufacturing process is divided into electrode, assembly, and activation processes, with MOT focusing on the assembly process, which requires customized technology tailored to cell specifications.

The company plans to offer 1.75 million shares in this listing, with a desired offering price range of 12,000 to 14,000 KRW. The offering size is estimated at 21 to 24.5 billion KRW, and the post-listing market capitalization is expected to reach 139 to 162.1 billion KRW. Demand forecasting will be conducted from October 29 to November 4, and general subscription will be held on November 7-8. The lead underwriter is Korea Investment & Securities.

◆Dongbang Medical= Dongbang Medical holds a range of traditional Korean medical device products such as acupuncture needles and cupping cups, as well as aesthetic medical devices including fillers, absorbable sutures, and various special needles. The company has advanced its core needle processing technology and has achieved results in manufacturing various special needles such as cannulas used for filler injections based on this technology.

The total number of shares offered is 3,401,029, with a desired offering price range of 9,000 to 10,500 KRW per share. Approximately 35.7 billion KRW (based on the upper limit of the offering price) will be raised through this offering. Demand forecasting targeting institutional investors will be conducted over five business days from October 30 to November 5 to finalize the offering price, followed by general subscription on November 11-12, and the listing is scheduled within November. The lead underwriter is NH Investment & Securities.

◆Meatbox Global= Meatbox Global operates the 'Meatbox' platform, which digitizes the B2B distribution market for livestock products. Unlike B2C platforms that sell meat to end consumers, 'Meatbox' provides a service enabling direct transactions between primary wholesalers and self-employed operators of restaurants and butcher shops.

A total of 1 million shares will be offered, with a desired offering price range of 23,000 to 28,500 KRW, and a total offering amount of 23 to 28.5 billion KRW. Demand forecasting targeting institutional investors will be conducted from November 1 to 7 to finalize the offering price, followed by general subscription on November 12-13. The lead underwriter is Mirae Asset Securities.

◆Theborn Korea= The final offering price was set at 34,000 KRW, exceeding the upper limit of the desired band (23,000 to 28,000 KRW). A total of 2,216 domestic and foreign institutions participated in the demand forecasting, recording a competition rate of 734.67 to 1. Based on the finalized offering price of 34,000 KRW, the total offering amount is 102 billion KRW, and the post-listing market capitalization is approximately 491.8 billion KRW. General subscription will be conducted on October 28-29, followed by listing on November 6. The underwriters are Korea Investment & Securities and NH Investment & Securities.

Established in 1994, Theborn Korea operates 25 food service franchises including Paik's Coffee, Hong Kong Banjeom, Saemaeul Sikdang, Hanshin Pocha, and Yeokjeon Udon, running a 'food service business.' It also operates a 'distribution business' providing various products such as HMR, processed foods, and sauces to consumers, and a 'hotel business' through Theborn Hotel in Jeju Island.

◆Tomocube= The final offering price was set at 16,000 KRW, exceeding the upper limit of the desired band (10,900 to 13,400 KRW). A total of 2,396 domestic and foreign institutions participated, recording a competition rate of 967 to 1. Based on the finalized offering price, the total offering amount is 32 billion KRW, and the post-listing market capitalization is approximately 203.7 billion KRW. General subscription will be conducted over two days on October 28-29, followed by listing on the KOSDAQ market on November 7. The lead underwriter is Daishin Securities.

Established in 2015, Tomocube is a specialized company developing cell imaging equipment and analysis software based on Holotomography technology. Holotomography is Tomocube's proprietary technology that allows real-time high-resolution observation of living cells or organoids without cell loss or deformation. Utilizing 3D imaging technology, it enables long-term observation of living three-dimensional cell structures and can detect intracellular toxicity that was difficult to find with conventional microscopes, with applications in organoids (mini-organs created by 3D culturing of cells).