[This Week's IPO] November Second Week Demand Forecast and Subscription Schedule

In the second week of this month (November), ISTI will conduct a demand forecast targeting institutional investors. Meatbox Global and CK Solution are preparing for their general subscription.

◆ISTI= Established in 2013, ISTI is a specialized company that develops and mass-produces semiconductor equipment. It is focusing on future growth by successfully developing PECVD, a core semiconductor process equipment. Based on its professional research personnel and execution of the PECVD national project, it succeeded in developing SiCN PECVD equipment in 2021.

It is offering a total of 1.6 million shares with a desired public offering price range of 9,700 to 11,400 KRW, and a total public offering amount of 15.5 billion to 18.2 billion KRW. From the 15th to the 21st, it will finalize the public offering price through a demand forecast targeting institutional investors, followed by a general subscription over two days on the 26th and 27th. The listing underwriter is KB Securities.

◆Meatbox Global= The desired public offering price range is 23,000 to 28,500 KRW, with a total public offering amount of 23 billion to 28.5 billion KRW. The public offering price was finalized through a demand forecast for institutions by the 7th, and a general subscription will be conducted over two days on the 12th and 13th. The listing underwriter is Mirae Asset Securities.

Meatbox Global operates the ‘Meatbox’ platform, which digitalizes 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.

◆CK Solution= The desired public offering price band is 15,700 to 18,000 KRW. It conducted a demand forecast targeting institutional investors by the 8th and will receive general subscriptions on the 13th and 14th before listing on the KOSPI market. The underwriter is NH Investment & Securities.

Founded in 2004, CK Solution is a specialized company in dry room systems for the secondary battery industry. It is expanding its business globally in North America, Europe, and East Asia alongside the three major domestic secondary battery companies. Additionally, based on accumulated technology and know-how in the refrigeration and air conditioning field, it is advancing dry room systems and clean rooms together, expanding its business into semiconductors, bio, and data centers.