[This Week's IPO] November Second Week Demand Forecast and Subscription Schedule

[Asia Economy Reporter Jang Hyowon] In the second week of this month (November), MindsLab will conduct a demand forecast targeting institutional investors. Twim and Bioptro are preparing for general subscription.

◆MindsLab= Founded in 2014, MindsLab is a comprehensive artificial intelligence company that supplies a comprehensive AI engine and the maum.ai artificial intelligence platform. Currently, it commercializes and owns over 40 types of global top-level SotA (State of The Art) AI algorithms developed with its own technology, and has developed algorithms for comprehensive AI including visual, auditory, language, and cognitive intelligence that can replace human senses and thinking systems.

The total number of shares offered is 604,459, with a desired offering price band of 26,000 to 30,000 KRW per share, aiming to raise approximately 15.7 billion to 18.1 billion KRW through the offering. The demand forecast for institutional investors will be conducted on November 8?9, and the public subscription for general investors will be held on November 11?12.

◆Twim= Twim, a company specializing in AI inspection equipment, set its public offering price at 22,000 KRW, exceeding the upper limit of the desired price band of 17,800 to 20,400 KRW during the demand forecast. Among the total 1,220,000 shares offered, 915,000 shares (75%) were allocated for institutional investors, and 1,672 institutions participated in the demand forecast, recording a competition rate of 1,627.34 to 1.

The general investor subscription will be held over two days from November 8 to 9. Twim is scheduled to be listed on the KOSDAQ market on the 17th, with Daishin Securities as the lead underwriter.

◆Bioptro= Established in 2000, Bioptro specializes in manufacturing BBT (Bare Board Test), an essential inspection equipment for PCB (Printed Circuit Board) production. PCB is a fundamental component and printed circuit board forming the basis of electronic products, applied in various industries such as semiconductor packaging, telecommunications, and automobiles.

The total number of shares offered is 1,000,000, with an offering price per share of 7,500 to 8,500 KRW, aiming to raise approximately 7.5 billion to 8.5 billion KRW. The demand forecast was conducted on November 3?4, followed by subscription on November 9?10, and the company plans to be listed on the KOSDAQ market on November 18. The lead underwriter is Korea Investment & Securities.

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