[This Week's IPO] Demand Forecast and Subscription Schedule for the First Week of January
In the first week of this month (January), Meatbox Global and Wisnut will conduct demand forecasting for institutional investors.
◆Meatbox Global= Founded in 2014, Meatbox Global operates the 'Meatbox' platform, which has digitized the B2B distribution market for livestock products. Unlike B2C platforms that sell meat directly to end consumers, 'Meatbox' is a service facilitating transactions between primary wholesalers and self-employed operators of restaurants and butcher shops. Previously, Meatbox Global conducted demand forecasting for institutional investors last November, but postponed its public offering schedule considering the recent sharp contraction in the IPO market.
Meatbox Global explained that after considering various factors such as market conditions and the company's growth strategy, it decided to retry the public offering. The number of shares to be offered remains unchanged at 1 million shares, but the desired public offering price range has been adjusted to 19,000 to 23,000 KRW per share in consideration of the domestic stock market situation. Accordingly, the total expected public offering amount is 19 billion to 23 billion KRW, and the expected market capitalization after the offering is approximately 105.6 billion to 127.9 billion KRW. Demand forecasting for institutional investors will be conducted from January 2 to 8 next year, followed by general subscription from January 13 to 14. The lead underwriter is Mirae Asset Securities.
◆Wisnut= Established in 2000, Wisnut develops and supplies enterprise AI software based on core artificial intelligence technologies, providing products to clients in various sectors including government, finance, and legal institutions. Its core technologies include ▲communication technology based on generative AI ▲language understanding and information retrieval technology through AI ▲applied analytics technology based on big data and machine learning.
Hot Picks Today
Chilling Timing "Did They Know Again?"... $640 ...
- KOSPI Hits 6,500 in Early Trading, Turns Lower... SK hynix Also Weak
- "Doctors Never Eat This": Foods Warned Against by Asan Medical Center Professor
- "Why Is My Chanel Wallet on Danggeun?"...High School Students Steal Luxury Goods...
- "I Can't Believe They're Real": Cockroaches Squirm Inside Transparent Jacket in ...
A total of 1.7 million shares will be offered. The desired public offering price per share is 24,000 to 26,000 KRW. Demand forecasting will be conducted for domestic and international institutional investors over five days from January 3 to 9 next year, and general subscription will be held over two days from January 15 to 16. The lead underwriter is Samsung Securities.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.