[This Week's IPO] July Fourth Week Demand Forecast and Subscription Schedule

In the fourth week of this month (July), Pado, COTS Technology, and Curiox Biosystems are scheduled to conduct demand forecasting targeting institutional investors. Companies such as CGtronics, Tilon, and MI Cube Solution will proceed with general subscription.

◆Pado= Pado is a company specializing in semiconductor design for data centers. Pado's first product and current main focus is the next-generation SSD controller for data centers. The SSD, a core storage medium, is one of the most significant components in data centers, and the 'SSD controller' acts as the brain controlling it, determining the SSD's performance.

Pado's total number of shares offered is 6.25 million. The desired offering price range is 26,000 to 31,000 KRW, with a total offering amount of approximately 162.5 billion KRW. Demand forecasting for institutional investors will be held on the 24th and 25th, followed by general subscription on the 27th and 28th. The lead underwriters are NH Investment & Securities, Korea Investment & Securities, Hanwha Securities, Hyundai Motor Securities, Eugene Investment & Securities, and KB Securities.

◆COTS Technology= COTS Technology is an embedded solutions specialist company leading the localization of the defense industry, established in May 1999. Since then, it has recruited top-level researchers and developers in the industry to develop proprietary embedded systems and produces single-board computers and military display devices that meet defense standards such as temperature, humidity, vibration, and shock.

This IPO will offer 1 million shares. The expected offering price is between 10,000 and 11,500 KRW, with a total offering amount of 10 to 11.5 billion KRW. Demand forecasting will be conducted over two days on the 26th and 27th, followed by general subscription on August 1st and 2nd, aiming for a KOSDAQ listing on August 10th. Korea Investment & Securities is the lead underwriter.

◆Curiox Biosystems= Founded in 2018, Curiox is a first mover that overcame the limitations of manual centrifuge technology and successfully automated and commercialized the world's first non-centrifugal cell analysis process. With innovative technology never seen before, the company aims to create new markets and drive explosive growth by presenting standards recognized in the global market.

The total number of shares offered is 1.4 million, with a desired offering price band of 13,000 to 16,000 KRW, totaling approximately 18.2 to 22.4 billion KRW. Demand forecasting will be held on the 27th and 28th to finalize the offering price, followed by subscription on August 1st and 2nd, targeting a KOSDAQ listing within August. Kiwoom Securities is the lead underwriter.

◆CGtronics= The offering price was set at 25,000 KRW, exceeding the upper limit of the band (18,000 to 20,000 KRW). The institutional investor competition rate recorded 1,703 to 1. General subscription will be held on the 24th and 25th, with a planned KOSDAQ listing on August 3rd. Yuanta Securities is the lead underwriter.

Established in 2008, CGtronics has grown by supplying semiconductor devices specialized in electrostatic, sensor, power, and RF semiconductors, as well as LED lighting and displays, automotive, and wearable fields. The company is also pursuing business in high value-added application areas such as military, space, and aviation.

◆Tilon= Tilon's total number of shares offered is 600,000. The offering price band per share is 13,000 to 18,000 KRW. Demand forecasting targeting institutional investors was conducted on the 18th and 19th, and public subscription will be accepted on the 24th and 25th. Kiwoom Securities is the lead underwriter.

Tilon, established in 2001, is a company specializing in cloud virtualization and metaverse office solutions. The company operates businesses including proprietary virtualization technology-based 'Virtual Desktop Infrastructure (VDI) solutions,' 'Desktop as a Service (DaaS) solutions,' metaverse office platforms, blockchain-based electronic document and electronic contract solutions, cloud-based network interconnection solutions, and engineering virtualization solutions.

◆MI Cube Solution= The total number of shares offered is 1.21 million. The expected offering price is between 8,500 and 10,000 KRW, with a total offering amount of 10.3 to 12.1 billion KRW. Demand forecasting was conducted on the 20th and 21st, and general subscription is scheduled for the 26th and 27th. Korea Investment & Securities is the lead underwriter.

MI Cube Solution is a smart factory and manufacturing intelligence solution specialist company that integrates and intelligentizes information generated on manufacturing sites. Its main products include ▲Smart Factory MES ▲Smart EES ▲Digital Twin ▲Smart MCS.

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