Three Consecutive Days of New KOSDAQ Listings From the 16th to 18th; Youngwang YKMC Begins Trading

[Financial News] Next week (the 16th to the 20th), Youngwang YKMC, Optonics and AL Robot will list on the KOSDAQ market at one-day intervals.
SFC Co., Ltd. and EUCAST Co., Ltd. will accept IPO subscriptions from retail investors for two days starting on the 18th. Five companies, including ADEL, a developer of Alzheimer's disease treatments, will take part in institutional bookbuilding.
According to financial industry sources on the 14th, next week's first listing will be Youngwang YKMC. The company's offering price is 11,000 won, and it will begin trading on the 16th. It precision-machines components used in semiconductor and display manufacturing equipment, and provides surface treatment and cleaning services.
Optonics, an optical components maker, will list on the KOSDAQ on the 17th, followed by AL Robot, a robotics automation company, on the 18th. Optonics set its offering price at 12,000 won and AL Robot at 17,600 won. Both prices are at the top of their respective indicated ranges.
SFC Co., Ltd. and EUCAST Co., Ltd., whose retail subscription periods overlap, plan to set their offering prices on the 17th, the day before subscriptions open. SFC Co., Ltd., an OLED materials maker, indicated a range of 31,600–36,100 won, while EUCAST Co., Ltd., a maker of mobile telecommunications network equipment, indicated 19,000–23,000 won. EUCAST Co., Ltd. lowered its indicated range from the original 21,000–26,000 won after postponing its offering schedule in response to the Financial Supervisory Service's request to revise its securities registration statement.
ADEL's institutional bookbuilding closes on the 18th. The company is developing a treatment for Alzheimer's disease, with an indicated offering price range of 18,000–25,000 won. KMF and GenON will conduct bookbuilding from the 16th through the 20th. Founded in 2002, KMF develops biomaterials using microbial fermentation technology. Its indicated range is 15,000–17,000 won. GenON supports companies in building generative AI systems and automating workflows using its proprietary artificial intelligence (AI) platform, GenOS. Its indicated range is 9,700–12,200 won.
ANH Structure, which designs and manufactures aviation and defense structures, will conduct bookbuilding from the 19th to the 25th. It is pursuing a KOSDAQ listing through the technology-based special listing track, with an indicated offering price range of 11,200–13,600 won. ENKI WhiteHat, a company specializing in white-hat hacker solution automation, will accept institutional orders from the 20th to the 26th. Its indicated range is 13,000–16,500 won.

[email protected] Lee Jeong-hwa Reporter