[This Week's IPO] Demand Forecasting and Subscription Schedule for the First Week of November

In the first week of this month (November), TMC and Aromatica will conduct demand forecasting for institutional investors. Curiosis, Sena Technology, The Pinkfong Company, and Green Optics are preparing for their public subscription offerings.

<Demand Forecasting>

◆TMC = Established in 1991, TMC manufactures industrial specialty cables for the shipbuilding and marine sectors, optical cables, and nuclear power, based on the largest production capacity in Korea. As the market leader in cable supply to the nation’s top three shipbuilders-Samsung Heavy Industries, Hanwha Ocean, and HD Hyundai Heavy Industries-the company has maintained steady growth, recording an average annual sales growth rate of 8.8% from 2022 to 2024.

A total of 6.1 million shares will be offered. The offering price band is set at 8,000 to 9,300 won per share, making the total offering amount between 48.8 billion and 56.7 billion won. Demand forecasting will take place from November 3 to 7, and public subscription will be held over two days, November 11 and 12. Mirae Asset Securities is the lead underwriter.

◆Aromatica = Aromatica is recognized as a leading company in the conscious beauty sector in Korea, being the first to introduce EWG-certified cosmetic ingredients domestically and pioneering organic and vegan cosmetics. The company promotes sustainability by spreading a culture of reuse and recycling, starting from packaging design.

A total of 3 million shares will be offered. The price band is 6,000 to 8,000 won per share, with a total offering amount between 18 billion and 24 billion won. Demand forecasting will be conducted from November 3 to 7, and public subscription will take place on November 11 and 12. Shinhan Investment Corp. is the lead underwriter.

<Public Subscription>

◆Curiosis = The desired offering price range is 18,000 to 22,000 won per share. Demand forecasting was conducted through October 31, and public subscription is scheduled for November 4 and 5. Kiwoom Securities is the lead underwriter.

Curiosis supplies total solutions for laboratory automation. Its products include the live cell imaging solution ‘Celloger’, which enables real-time observation and visualization of changes in living cells, and ‘CPX’, a colony picker that is a key automation device for biofoundry infrastructure.

◆Sena Technology = The final offering price has been set at the upper end of the desired band, 56,800 won per share. In demand forecasting for institutional investors conducted through October 29, the competition ratio reached 976.9 to 1. Public subscription will be held on November 4 and 5, and the company is scheduled to be listed on the KOSDAQ market on November 14. KB Securities and Shinhan Investment Corp. are the lead underwriters.

Founded in 1998, Sena Technology is the global leader in the motorcycle team communication market. The company has been selected as the Best Brand in the communication systems category for seven consecutive years by MOTORRAD, Germany’s leading motorcycle magazine with a 120-year history, demonstrating its unrivaled technology and brand value.

◆The Pinkfong Company = The desired offering price is 32,000 to 38,000 won per share, with a total expected offering amount of 64 billion to 76 billion won. The expected market capitalization after listing is projected to be between 459.2 billion and 545.3 billion won. Demand forecasting will run through November 3, and public subscription will be held on November 6 and 7. Mirae Asset Securities and Samsung Securities are the joint lead underwriters.

Established in 2010, The Pinkfong Company has launched global IPs such as Pinkfong, Baby Shark, Hogi, Bebefinn, and Sealook, and has become a global family entertainment company with a portfolio of multiple internationally successful IPs.

◆Green Optics = The desired offering price is 14,000 to 16,000 won per share, with the goal of raising up to 32 billion won. Demand forecasting for institutional investors will continue through November 3, and public subscription will be held over two days, November 6 and 7. Shinyoung Securities is the lead underwriter.

Founded in 1999, Green Optics supplies high-performance optical materials and products used across advanced industries such as defense, aerospace, semiconductors, and displays. One-quarter of its total workforce is dedicated to research and development. The company has earned an A·A rating in the technology evaluation, based on its one-stop manufacturing technology and its production capabilities for zinc sulfide (STD-ZnS & MS-ZnS).