Kosem's IPO General Subscription Competition Rate Hits 2518 to 1... 3 Trillion Won in Deposit Gathered

General Subscription Receives a Total of 422,268 Applications
Scheduled for KOSDAQ Listing on the 23rd

Kosem, a company specializing in scanning electron microscopes (SEM), announced that its initial public offering (IPO) general subscription recorded a competition rate of 2,518.4 to 1.

According to Kosem on the 14th, a total of 422,268 subscriptions were received from general investors during the IPO subscription held from the 13th to the 14th. The deposit, which requires prepayment of half the subscription amount, attracted approximately 3.022 trillion KRW.

In the demand forecast (bidding) conducted earlier for institutional investors, a competition rate of 1,267.6 to 1 was recorded, finalizing the public offering price at 16,000 KRW.

Kosem plans to complete payment on the 16th and list on the KOSDAQ market on the 23rd. Based on the public offering price, the expected market capitalization after listing is approximately 90.6 billion KRW.

Kosem, established in 2007, is a company specializing in SEM development. It possesses outstanding technological capabilities, including the world’s first successful development of a tabletop SEM with 100,000x magnification.

Additionally, it has expanded its business areas with products such as ion millers (CP) and ion coaters (SPT-20), and has shown a compound annual growth rate (CAGR) of 17.5% in sales over the recent three years from 2019 to 2022.

Lee Junhee, CEO of Kosem, stated, “The SEM market is expected to continue growing due to the expansion of the nano industry. We will accelerate our approach to front-end industries such as secondary batteries, semiconductors, and displays to become a steadily growing company in the mid to long term.”

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