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

[Asia Economy Reporter Jang Hyowon] In the second week of this month (June), Voronoi, LaserCell, and WiniaAid will conduct demand forecasting. Beomhan Fuel Cell and Bflysoft are preparing for general subscription.

◆Voronoi= Voronoi, which withdrew its initial public offering in March, is attempting to list again on KOSDAQ. Founded in 2015, Voronoi is a company that independently develops targeted therapeutics that selectively bind only to disease-causing kinases among the approximately 550 kinases responsible for intracellular signal transduction.

Voronoi has reduced the number of shares offered to 1.3 million and lowered the expected offering price to 40,000 KRW per share. The total offering amount is 52 billion KRW (based on the lower end of the price band). Additionally, existing shareholders have voluntarily locked up the majority of their shares, increasing the post-listing lock-up ratio to 74.4%. Demand forecasting will be held on June 8-9, followed by subscription on June 14-15, with a planned KOSDAQ listing at the end of June. The joint lead managers are Korea Investment & Securities and Mirae Asset Securities.

◆LaserCell= Founded in 2015, LaserCell developed an area light source laser reflow equipment that bonds chips and semiconductor substrates (PCBs) based on 'area light source-airy' laser technology. The processing time per chip is 1 to 4 seconds, which is 3 to 15 times more efficient compared to existing semiconductor packaging methods.

The total number of shares offered is 1.6 million, with a desired offering price band of 12,000 to 14,000 KRW per share. The total offering amount is approximately 22.4 billion KRW based on the upper end of the price band. Demand forecasting for institutional investors will be conducted on June 9-10 to finalize the offering price, followed by general subscription on June 14-15, with a planned listing within June. The lead manager is Samsung Securities.

◆WiniaAid= Founded in 2015, WiniaAid is a one-stop platform company. Its distribution business sells Winia and client home appliances through 227 offline distribution networks nationwide. The logistics business operates domestic and global operations in the US, Latin America, and China using 27 logistics centers. The service business is one of the top three nationwide coverage providers in Korea, servicing Winia and client companies, and collaborates with global brands such as Apple, Electrolux, and Tefal.

The total number of shares offered is 5,366,087, with a desired offering price band of 14,200 to 16,200 KRW per share. The expected offering amount ranges from 76.2 billion to 86.9 billion KRW. Demand forecasting for institutional investors will be held on June 9-10, followed by general subscription on June 14-15. The company plans to list on the KOSDAQ market within June. The lead manager is Shinhan Investment Corp.

◆Beomhan Fuel Cell= Beomhan Fuel Cell conducted demand forecasting on June 2-3 and will hold general subscription on June 8-9, with a planned KOSDAQ listing on June 17. The lead manager is NH Investment & Securities, and the joint manager is Korea Investment & Securities. The total number of shares offered is 2,136,000, with a desired offering price range of 32,200 to 40,000 KRW per share. The expected offering amount is 68.8 billion KRW based on the lower end of the price band, and the estimated market capitalization is 282.3 billion KRW.

Beomhan Fuel Cell was established at the end of 2019 through a spin-off of Beomhan Industry's hydrogen fuel cell division. It is a company specializing in hydrogen fuel cell technology development and product manufacturing. The hydrogen fuel cell division is expanding into submarine and building fuel cells and hydrogen refueling station construction businesses based on proprietary or licensed core technologies.

◆Bflysoft= Bflysoft conducted demand forecasting on June 2-3 and will accept general subscription on June 9-10. The listing manager is IBK Investment & Securities. The company is offering 1 million shares, with a desired offering price range of 16,500 to 19,000 KRW per share, and a total offering amount of 16.5 to 19 billion KRW.

Bflysoft is a specialized company in media big data service platforms (BDaaS, Big Data as a Service). It possesses WIGO artificial intelligence (AI) big data analysis technology and legal copyrights to over 30 billion media big data records.

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