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

In the second week of this month (September), Iron Devices will conduct a general subscription.

◆Iron Devices= The public offering price was set at 7,000 KRW, exceeding the upper limit of the desired band of 4,900 to 5,700 KRW. The demand forecast competition rate recorded 1,152.8 to 1, and 99.1% of participating institutions (including those who did not present a price) proposed prices exceeding the upper limit of the band. The general subscription will be held for two days from the 9th to the 10th, and the scheduled listing date is the 23rd. The underwriter is Daishin Securities.

Founded in 2008 by personnel from Samsung Electronics and Fairchild Semiconductor, the company provides single-chip design integrating digital, analog, and power components along with advanced software technology. It is especially notable as the only domestic manufacturer of smart audio amplifier chips, standing out in the high-performance audio amplifier chip market.

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