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[This Week's IPO] Book-building and Subscription Schedule for the Fourth Week of July

[This Week's IPO] Book-building and Subscription Schedule for the Fourth Week of July

In the fourth week of this month (July), Samyang Comtech and G2GBio will conduct book-building for institutional investors. Daehan Shipbuilding is preparing for its public subscription for retail investors.


<Book-building>


◆Samyang Comtech = Established in 1962 and acquired through a merger in 2006, Samyang Comtech is a company that provides world-class ballistic material manufacturing and equipment protection solutions based on its expertise and technological capabilities in ballistic materials. Notably, for 17 consecutive years since 2009, the company has been the exclusive supplier of ballistic armor for the K2 tank. Recently, it also succeeded in direct exports by signing a contract to supply 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 KRW per share, with the expected total offering amount ranging from 95.7 billion to 111.7 billion KRW. The book-building will be held for five days from July 24 to July 30. Subscription will take place over two days, August 5 and 6, and the company plans to list on the KOSDAQ market within the third quarter. The lead underwriters are Shinhan Investment & Securities and NH Investment & Securities.


◆G2GBio = Founded in 2017, G2GBio specializes in sustained-release injectable drug delivery platforms and possesses its proprietary InnoLAMP platform. InnoLAMP is an innovative technology that overcomes the limitations of conventional microsphere pharmaceuticals by enabling ultra-high drug loading, high bioavailability, and easy mass production.


The company plans to offer a total of 900,000 shares, with a desired offering price of 48,000 to 58,000 KRW per share. The total offering size is expected to be between 43.2 billion and 52.2 billion KRW. The estimated market capitalization after listing is projected to reach between 257.7 billion and 311.4 billion KRW. The book-building for domestic and overseas institutional investors will be held over five business days from July 25 to July 31. The public subscription for retail investors will be conducted over two days, August 5 and 6. The lead underwriter is Mirae Asset Securities.


<Public Subscription>


◆Daehan Shipbuilding = The company plans to offer a total of 10 million shares, with a desired offering price in the range of 42,000 to 50,000 KRW per share. The book-building was conducted until July 17, and the public subscription for retail investors will take place over two days, July 22 and 23. KB Securities and NH Investment & Securities are joint lead underwriters, with Shin Young Securities participating as a joint underwriter.


Established in 1987 as Shin Young Shipbuilding Industry and renamed in 2004, Daehan Shipbuilding has since grown into a comprehensive shipbuilder. The company has built various types of vessels, including Suezmax and Aframax tankers, shuttle tankers, and container ships, thereby enhancing its technological competitiveness. As a result, the company plays a pivotal role in the domestic shipbuilding industry, based on its product portfolio focused on high value-added vessels and its ability to reliably meet delivery schedules.


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