[This Week's IPO] Demand Forecast and Subscription Schedule for the First Week of July

In the first week of July, ITChem, DowInSys, Samyang Comtech, and Neurofit will conduct demand forecasts for institutional investors. Autocrypt is preparing for its public subscription phase.

<Demand Forecast>

◆ ITChem = Established in 2005, ITChem is an independent CDMO company that develops and mass-produces high-value-added fine chemical materials such as active pharmaceutical ingredients, pharmaceutical intermediates, and OLED materials, tailored to customer needs, based on its precision synthesis and purification technology.

The company plans to offer a total of 2 million shares, with an offering price range of 14,500 to 16,100 won per share. The total offering amount is expected to be between 29 billion and 32.2 billion won. The demand forecast will be conducted from July 1 to July 7, and the public subscription will take place over two days, July 10 and 11. KB Securities is the lead underwriter.

◆ DowInSys = DowInSys 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, and slidable displays.

Through this IPO, the company plans to offer 1.4 million shares. The desired offering price is between 29,000 and 32,000 won per share, with the total offering amount expected to be between 40.6 billion and 44.8 billion won. The demand forecast will be held for five days from July 3 to July 9, and after the public subscription on July 14 and 15, the company plans to list on the KOSDAQ market. Kiwoom Securities is the lead underwriter.

◆ Samyang Comtech = Established in 1962 and acquired in 2006, Samyang Comtech specializes in ballistic materials and provides world-class ballistic material manufacturing and equipment protection solutions. Notably, since 2009, the company has been the exclusive supplier of ballistic armor for the K2 tank for 17 consecutive years. Recently, it also succeeded in directly exporting special ballistic armor for the new Turkish tank "Altay."

The company plans to offer a total of 14.5 million shares. The desired offering price is between 6,600 and 7,700 won per share, with the total offering amount expected to be between 95.7 billion and 111.7 billion won. The demand forecast will be held for five days from July 4 to July 10, and after the public subscription on July 15 and 16, the company plans to list on the KOSDAQ market within the third quarter.

◆ Neurofit = Neurofit is a specialized company that researches and develops brain imaging analysis solutions and therapeutic medical devices based on artificial intelligence (AI) technology. The company was founded in 2016 by co-CEOs Bin Joongil and Kim Donghyun, who developed the next-generation neuro-navigation system at the Gwangju Institute of Science and Technology (GIST).

The total number of shares to be offered is 2 million, with a desired offering price range of 11,400 to 14,000 won per share. The total offering amount is expected to be between 22.8 billion and 28 billion won. After conducting a demand forecast for institutional investors from July 4 to July 10, the public subscription will be held over two days, July 15 and 16. Mirae Asset Securities is the lead underwriter.

<Public Subscription>

◆ Autocrypt = The company plans to offer a total of 1.4 million shares, with a desired offering price range of 18,700 to 22,000 won per share. The total offering amount is expected to be between 26.2 billion and 30.8 billion won. The demand forecast for domestic and overseas institutional investors will be conducted until June 30, and the public subscription is scheduled for July 3 and 4. Daishin Securities is the lead underwriter.

Since 2007, Autocrypt has been developing and supplying vehicle security solutions, and is the only domestic global future vehicle software security specialist with the longest track record in the industry. In particular, the company is the core supplier of vehicle cybersecurity solutions that will be mandatory in approximately 1.6 billion vehicles worldwide, and is the only domestic global company selected by 21 automakers.