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

In the first week of this month (December), Samjin Food and LivsMed will conduct demand forecasting for institutional investors. Pescaro, Egis, QuadMedicine, TMC, and Acryl are preparing for their general subscription periods.

<Demand Forecasting>

◆Samjin Food= Samjin Food, which began at Jagalchi Market in Busan in 1953, is a leading processed seafood company that has spearheaded South Korea's fish cake industry for over 70 years. The company has transformed fish cakes from a simple traditional ingredient into a premium food and K-food brand, driving a paradigm shift toward the branding of the fish cake industry.

The company plans to offer 2 million new shares. The desired offering price per share is between 6,700 and 7,600 KRW, with a total expected offering amount of approximately 13.4 billion to 15.2 billion KRW. Demand forecasting for institutional investors will take place from December 3 to 9, and the general subscription will be held on December 11 and 12. Daishin Securities is the lead underwriter.

◆LivsMed= LivsMed is the only company with an integrated portfolio covering the entire minimally invasive surgery process, including Artisential, Artiseal, the ArtiStapler™ (surgical stapler), the LivsCam™ laparoscopic camera system, and the Stark™ surgical robot.

The company will offer a total of 2.47 million shares, with a desired price band of 44,000 to 55,000 KRW per share. The expected total offering amount is approximately 108.7 billion to 135.9 billion KRW. Demand forecasting will be conducted from December 4 to 10, followed by general subscription on December 15 and 16. The company aims to be listed on KOSDAQ within the year. Samsung Securities and Mirae Asset Securities are co-lead underwriters.

<General Subscription>

◆Pescaro= The offering price has been set at the upper end of the desired range, at 15,500 KRW per share. The demand forecasting for institutional investors recorded a competition rate of 1,173.2 to 1. The expected market capitalization based on the offering price is 149.7 billion KRW. General subscription will be held on December 1 and 2. NH Investment & Securities and Hanwha Investment & Securities are the lead underwriters.

Founded in 2016, Pescaro is a vehicle integrated security platform specialist, established by automotive electronic system experts and former white-hat hackers. The company has built a differentiated competitive edge by developing a comprehensive security system that covers not only controller-level security solutions but also the entire vehicle system and lifecycle.

◆Egis= The desired offering price is between 13,000 and 15,000 KRW per share. Demand forecasting for institutional investors was conducted through November 27, and general subscription will take place on December 2 and 3. NH Investment & Securities is the lead underwriter.

Established in 2001, Egis is a digital earth platform company based on three-dimensional (3D) geographic information systems (GIS). It is the only company in Korea to provide full-cycle digital earth ecosystem services and has focused on developing 3D GIS technology for over 20 years.

◆QuadMedicine= The desired offering price per share is between 12,000 and 15,000 KRW. Through this offering, the company aims to raise approximately 20.4 billion to 25.5 billion KRW. The general subscription period is December 2 and 3. NH Investment & Securities is the lead underwriter.

QuadMedicine possesses all the necessary technologies for mass production, from precision processing and injection molding for microneedle manufacturing, to formulation technologies for designing vaccines and synthetic drugs suitable for microneedles, and even the optimization of finished product production processes and equipment development.

◆TMC= The offering price band is 8,000 to 9,300 KRW per share, with a total expected offering amount of 48.8 billion to 56.7 billion KRW. Demand forecasting was completed by November 27, and general subscription is scheduled for December 3 and 4. Mirae Asset Securities is the lead underwriter.

Founded in 1991, TMC manufactures industrial specialty cables for shipbuilding, marine, optical cable, and nuclear industries, based on the largest production capacity in Korea. As the market leader supplying cables to Korea's top three shipbuilders-Samsung Heavy Industries, Hanwha Ocean, and HD Korea Shipbuilding & Offshore Engineering-the company has maintained continuous growth, recording an average annual sales growth rate of 8.8% from 2022 to 2024.

◆Acryl= The desired offering price is between 17,500 and 19,500 KRW per share, with a total expected offering amount of 31.5 billion to 35.1 billion KRW. Demand forecasting will be conducted through December 1, followed by general subscription on December 4 and 5. Shinhan Investment & Securities is the lead underwriter.

Acryl aims to become the "Software NVIDIA," specializing in AI Experience (AX) infrastructure that supports the adoption and expansion of AI across industries. Just as Apple opened the smartphone era with User Experience (UX), Acryl is leading the industrial AI transformation with AI Experience (AX).