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

In the fourth week of this month (March), Seck will conduct a demand forecast targeting institutional investors. AU Brands and Korea PIM are preparing for general subscription.

◆Seck= Established in 2000, Seck is a specialized inspection equipment company that develops inspection and analysis equipment based on electron beam core technology. Its main business areas include ▲X-ray inspection equipment for semiconductor and battery industries ▲non-destructive inspection equipment using linear accelerators (LINAC) for defense missiles, aviation, and ships ▲tabletop scanning electron microscopes (Tabletop SEM) for research and development and quality control in fields such as chemistry, new materials, energy, and bio.

◆AU Brands= The public offering price was fixed at the upper end of the desired price range, 16,000 KRW. A total of 2,085 institutions participated in this demand forecast, recording a final competition rate of 816.22 to 1. General subscription will be held over two days on the 25th and 26th, and the company is scheduled to be listed on the KOSDAQ market on April 3. The listing underwriter is Korea Investment & Securities.

AU Brands operates the four-season weatherwear brand Rockfish Weatherwear. After acquiring its UK headquarters Zennar Ltd in January 2024, it has begun to actively target the global market as a K-fashion brand.

◆Korea PIM= The expected public offering price ranges from 9,300 to 11,200 KRW, with a total expected offering amount of 12.1 to 14.6 billion KRW. The demand forecast was conducted until the 21st, and subscriptions will be accepted over two days from the 25th to the 26th. The scheduled KOSDAQ listing date is April 4, with IBK Investment & Securities as the underwriter.

Founded in 2001, Korea PIM is the leading domestic company in the MIM field, a next-generation manufacturing technology capable of ultra-precision processing and complex shape realization. The company plans to diversify the application areas of MIM technology to autonomous driving, robotics, and accelerate growth by actively developing its titanium-based business.