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

[Asia Economy Reporter Jang Hyowon] In the second week of this month (September), Sunbio, KB Staritz, and Open Edge Technology will conduct demand forecasting for institutional investors.

◆Sunbio= Established in 1997, Sunbio is the only domestic bio company developing and applying PEGylation technology. By utilizing this technology, it is possible to apply effects such as ▲increased blood half-life ▲reduced immune response and antigenicity ▲toxicity mitigation ▲improved structural stability to target substances.

The total number of shares offered is 616,000. The desired public offering price range per share is 14,000 to 16,000 KRW, and the expected public offering amount is 8.6 billion to 9.9 billion KRW. Demand forecasting for institutional investors will be held over two days on the 5th and 6th, followed by general subscription on the 13th and 14th, with plans to list on the KOSDAQ market at the end of September. The lead underwriter is Hana Securities.

◆KB Staritz= KB Staritz is a REIT based on prime office assets, holding ▲North Galaxy Tower in Belgium (Brussels CBD area) ▲Samsung Europe HQ in the UK (Chertsey, London area). The annualized expected dividend yield is approximately 7.76% (estimated as of August 30).

After demand forecasting on the 6th and 7th and subscription on the 15th and 16th, it is scheduled to be listed on the KOSPI market in early October. The total number of issued shares is 30.7 million, and through this public offering, 153.5 billion KRW will be raised. The lead underwriter is KB Securities.

◆Open Edge Technology= Founded in 2017, Open Edge is a system semiconductor IP specialist company possessing the world's only integrated AI semiconductor design asset IP platform. Its revenue model is based on license fees and running royalties from mass production of semiconductor chips applying its IP. A similar business model company is ARM in the UK.

The total number of shares offered is 3,636,641, with a desired public offering price range per share of 15,000 to 18,000 KRW, and the total expected public offering amount is 54.5 billion to 65.5 billion KRW. The public offering price will be finalized through institutional demand forecasting from the 7th to the 8th, followed by general subscription over two days on the 15th and 16th. The lead underwriter is Samsung Securities.

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