[This Week's IPO] Demand Forecast and Subscription Schedule for the Third Week of June

In the third week of this month (June), companies such as Scinic Solution, Dow InSys, and NRB will conduct demand forecasts for institutional investors. GFC Life Science is preparing for a public subscription for general investors.

<Demand Forecast>

◆Scinic Solution= Established in 2005, Scinic Solution is a design solution company that serves as a bridge between fabless companies specializing in system semiconductor design and foundry companies specializing in contract manufacturing. The company closely collaborates with numerous global foundries, including SK hynix System IC, SK Key Foundry, and Taiwan's PSMC, and has secured more than 220 domestic and international clients.

The company plans to offer a total of 3.5 million shares, with an expected offering price between 4,000 and 4,700 KRW. The demand forecast is scheduled to take place over five days from June 16 to June 20, followed by a two-day public subscription on June 25 and 26. The company aims to be listed on the KOSDAQ market within this year. The lead underwriter is Daishin Securities.

◆Dow InSys= Dow InSys is the first company in the world to successfully mass-produce ultra-thin glass (UTG) for foldable smartphones and is leading the flexible display market based on its cover window material technology. Leveraging its proprietary strengthening and processing technology, the company is rapidly expanding its application areas to large-area IT displays, hybrid displays, and slidable displays.

The company plans to offer 1.4 million shares through this listing. The expected offering price is between 29,000 and 32,000 KRW, with an anticipated fundraising amount of 40.6 to 44.8 billion KRW. The demand forecast will be conducted over five days from June 16 to June 20, followed by a two-day public subscription on June 24 and 25. The company plans to be listed on the KOSDAQ market in early July. The lead underwriter is Kiwoom Securities.

◆NRB= NRB is a construction company established in 2019 by former members of POSCO A&C. The company specializes in modular construction, in which modular units are manufactured in a factory and then assembled on-site to complete the building.

The company will issue a total of 2.1 million new shares. The expected offering price is between 18,000 and 21,000 KRW, with an offering size of 37.8 to 44.1 billion KRW. The demand forecast will be held from June 19 to June 25, and the public subscription will be accepted on July 1 and 2. The lead underwriter is NH Investment & Securities.

<Public Subscription>

◆GFC Life Science= The expected offering price band is between 12,300 and 15,300 KRW. The demand forecast for institutional investors will be conducted over five business days until June 16. The public subscription for general investors will be held over two days, June 19 and 20. The lead underwriter is Daishin Securities.

Founded in 2002, GFC Life Science is a life science and bio company that provides a one-stop solution from the production to the testing of natural bio materials. The company possesses original technologies for developing and verifying converged bio materials such as skin microbiome, exosome, and plant cell.