4by4, Securities Report Submission... "Focusing on Advancing Hyper-Realistic Content"

[Asia Economy Reporter Jang Hyowon] Poby4po (CEO Yoon Junho), a company specializing in ultra-high-definition immersive content production, is challenging a KOSDAQ listing with its deep learning image quality enhancement solution, PIXELL.

On the 22nd, Poby4po submitted a securities registration statement to the Financial Services Commission and officially began the listing process. The total number of shares offered is 1,774,967, with a desired offering price range of 11,000 to 14,000 KRW per share, amounting to a total offering size of 19.5 billion to 24.8 billion KRW. The offering price will be finalized through institutional demand forecasting from April 14 to 15, followed by a two-day general subscription period from April 19 to 20. The lead underwriter is Mirae Asset Securities.

Founded in 2017, Poby4po is a company producing ultra-high-definition video content centered on its independently developed image quality enhancement solution, PIXELL. PIXELL is a technology that upgrades existing videos to ultra-high-definition by deep learning-based image quality enhancement through artificial intelligence (AI). In particular, it enhances the performance of image quality improvement tasks through deep learning, increasing the efficiency of what was previously a labor-intensive process.

As digital video production technology capable of delivering a realistic experience in metaverse markets such as augmented reality (AR) and virtual reality (VR) becomes an essential element, Poby4po is enhancing its competitiveness by producing and supplying various immersive contents using PIXELL technology. Based on this, Poby4po has secured numerous clients including LG Display and Samsung Electronics, and recently has expanded its business into various fields such as entertainment and gaming content.

Last year, Poby4po completed approximately 19 billion KRW in funding through strategic investors (SI) and financial investors (FI), including major domestic conglomerates and large entertainment companies, establishing a solid shareholder structure through investment attraction.

Yoon Junho, CEO of Poby4po, stated, “As high-definition content production technology is expected to gain more attention in the future market, we plan to focus on advancing ultra-realistic content through our PIXELL technology.” He added, “If we enter the KOSDAQ market through the listing process, we will strive to lead high growth by expanding our business comprehensively based on the proprietary technology we have developed.”

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