Mirae Asset Daewoo Signs IPO Underwriting Agreement with Lumena Co., Ltd.

[Asia Economy Reporter Park Soyeon]Mirae Asset Daewoo announced on the 20th that it has signed an initial public offering (IPO) underwriting agreement with Lumena Co., Ltd.

Lumena Co., Ltd. is a recently spotlighted eco-friendly small home appliance specialist company, and Mirae Asset Daewoo plans to pursue Lumena's listing on the KOSDAQ market in the second half of 2022.

At this signing ceremony, both parties signed the lead underwriting contract based on a strategic business agreement utilizing the strengths of both companies, including the promotion of Lumena's second half 2022 IPO and investment attraction (IR) consulting to strengthen growth and competitiveness.

Lumena Co., Ltd. is a strong innovative company providing customers with new usability through lifestyle-oriented items based on its own design and engineering.

Since 2015, starting with mobile portable batteries, it began expanding its product lineup based on wireless technology, a core element. In the summer of 2017, it stood at the center of the national item 'hand fan' craze, greatly expanding its business scope.

In 2018, it signed strategic distribution partner agreements with five countries?Taiwan, Japan, Australia, China, and North America?and began full-scale exports. Based on a differentiated new product lineup, it aims for sales of 30 billion KRW in 2021.

Through this signing ceremony, Mirae Asset Daewoo will provide related advisory services as Lumena's IPO underwriter, aiming for a listing in the second half of 2022.

Sung Joo-wan, head of Mirae Asset Daewoo's IPO division, said, "Based on Mirae Asset Daewoo's long experience and expertise, we will diligently and carefully undertake Lumena's IPO process and successfully promote the listing," adding, "We will enhance the corporate value of Lumena Co., Ltd., which possesses high design capabilities and technology, and contribute to further increasing the market's trust in its business scalability."

This content was produced with the assistance of AI translation services.