IPOs

• 씨아이에스케미칼KOSDAQThe company produces battery core materials such as recycled lithium carbonate and recycled MHP recovered from used batteries and lithium process water, and processes high-purity alumina and cathode doping materials for batteries, semiconductors and displays.Lead managers: 케이비증권Price range₩5,400 – ₩6,800SubscriptionDec 10 – Dec 11ListingNot set yet
• InterX Co., Ltd.KOSDAQInterX provides AI-based autonomous manufacturing solutions for factories, including production condition optimization, quality prediction and inspection, safety monitoring, and manufacturing digital twins. The company serves customers in electronics, steel, automotive, and pharmaceuticals/bio/chemicals.Lead managers: Korea Investment & SecuritiesPrice range₩10,000 – ₩13,000SubscriptionDec 9 – Dec 10ListingNot set yet
• 이노보테라퓨틱스KOSDAQInnoVo Therapeutics is a synthetic drug developer that uses its AI-based drug discovery platform DeepZema to develop small-molecule candidates for immune, inflammatory, fibrotic and cancer diseases. The company out-licenses its candidates to pharmaceutical partners, with INV-008 licensed to Daewoong Pharmaceutical in 2026.Lead managers: Korea Investment & SecuritiesPrice range₩20,000 – ₩24,000SubscriptionDec 7 – Dec 8ListingNot set yet
• 우리투자제1호기업인수목적SPACLead managers: 우리투자증권Price rangeNot set yetSubscriptionDec 2 – Dec 3ListingNot set yet
• Enki Whitehat Inc.KOSDAQThe company develops and supplies cyber threat response solutions based on offensive security technology, including penetration testing, vulnerability research, and attack surface management. It serves clients in finance, public sector, defense, and key infrastructure.Lead managers: Shinyoung SecuritiesPrice range₩13,000 – ₩16,500SubscriptionDec 1 – Dec 2ListingNot set yet
• 에이엔에이치스트럭쳐KOSDAQThe company designs, engineers, manufactures, tests and certifies aircraft structures and composite structures for aerospace and defense use. About 95% of 2025 consolidated revenue came from its Aircraft Structure segment, which includes unmanned aircraft foundry work and airframe structural engineering.Lead managers: NH Investment & SecuritiesPrice rangeNot set yetSubscriptionNov 27 – Nov 30ListingNot set yet
• Genon Inc.KOSDAQDevelops GenOS, an enterprise generative AI platform for business and institutional clients covering LLMOps, AI search (RAG), and service building. It also offers the GenA consumer AI agent portal and the OneAgent action-based AI agent.Lead managers: Samsung SecuritiesPrice rangeNot set yetSubscriptionNov 24 – Nov 25ListingNot set yet
• 케이엠에프KOSDAQThe company develops and manufactures fermentation- and enzyme-based functional food and bio ingredients, including enzymes, kombucha and apple cider vinegar powders, and supplies them to domestic customers, while developing new functional materials such as SCFAs and low-molecular-weight peptides.Lead managers: 아이비케이투자증권Price range₩15,000 – ₩17,800SubscriptionNov 24 – Nov 25ListingNot set yet
• ADEL Inc.KOSDAQADEL is a biotech company spun off from Asan Medical Center in 2016 that develops drugs for Alzheimer's disease and other degenerative brain diseases. It develops antibody therapies that target disease-specific forms of proteins and licenses candidates to global pharmaceutical companies.Lead managers: Samsung Securities, Mirae Asset SecuritiesOffer price₩18,000SubscriptionNov 23 – Nov 24ListingNot set yet
• EUCAST Co., Ltd.KOSDAQEUCAST develops and sells private 5G (LTE/5G) base station equipment and related solutions for enterprises, defense, and public safety networks. The company also develops its own core network and software.Lead managers: 유진증권Price range₩21,000 – ₩26,000SubscriptionNov 18 – Nov 19ListingNot set yet
• SFC Co., Ltd.KOSPISFC is a technology-focused fine chemicals company founded in 2000 that researches, develops and produces OLED materials, bio-fluorescent materials and semiconductor materials. It supplies high-purity chemical materials for display, molecular diagnostics and semiconductor processes.Lead managers: Mirae Asset SecuritiesPrice range₩31,600 – ₩36,100SubscriptionNov 18 – Nov 19ListingNot set yet
• MBD Co., Ltd.KOSDAQMBD develops automated experiment screening systems (ASFA) and offers drug-evaluation CRO services using patient-derived 3D tumoroids. It also provides OncoSensi, a functional precision-medicine test that measures patient cancer cells' drug response.Lead managers: Hana SecuritiesPrice range₩9,600 – ₩11,700SubscriptionNov 12 – Nov 13ListingNot set yet
• 제이앤티지KOSDAQThe company develops and manufactures carbon-based materials for the renewable energy industry, including carbon electrodes for non-lithium ESS batteries and gas diffusion layers and carbon substrates for hydrogen fuel cells and water electrolysis. It supplies global non-lithium ESS manufacturers and fuel cell and hydrogen companies.Lead managers: Daishin SecuritiesPrice range₩26,400 – ₩31,900SubscriptionNov 12 – Nov 13ListingNot set yet
• 씨앤엠KOSDAQCNM designs and manufactures motors and motor core components for automotive (electric compressor, EPS, FBS, SBW/PBW motors) and home appliances (air conditioner compressors, washer/dryer motors). Its subsidiary Power Pump makes industrial and household water pumps.Lead managers: Korea Investment & SecuritiesPrice range₩10,000 – ₩13,000SubscriptionNov 12 – Nov 13ListingNot set yet
• 하나에어로다이내믹스KOSDAQThe company designs and manufactures aircraft jigs and fixtures, machines aircraft parts, and assembles aircraft structures for civil and military aircraft. It is listing on KOSDAQ through a new share offering of 4,400,000 shares.Lead managers: 아이비케이투자증권Offer price₩4,700SubscriptionNov 10 – Nov 11ListingNot set yet
• Dabio Inc.KOSDAQDabio is an AI-based spatial data intelligence company that collects and analyzes satellite, aerial and drone imagery through its Eartheye platform. It serves public, defense, forestry and agriculture, and infrastructure markets.Lead managers: Daishin SecuritiesPrice range₩12,300 – ₩16,600SubscriptionNov 10 – Nov 11ListingNot set yet
• ALROBOT Co., Ltd.KOSDAQThe company develops and supplies force/torque sensors and fusion control devices for robots, including collaborative, industrial, and medical robots. It aims to be a mechatronics specialist that mimics human sensing.Lead managers: Daishin SecuritiesPrice range₩15,700 – ₩17,600SubscriptionNov 6 – Nov 9ListingNot set yet
• Simwon America Corp.Simwon America is an automotive supplier specializing in body-in-white structural parts for electric vehicles, producing high-strength components primarily for Tesla from facilities in Lathrop, California. The company has an annual capacity of 600,000 car sets.Price range₩18 – ₩22SubscriptionNov 5ListingNot set yet
• Optonics Co., Ltd.KOSDAQThe company makes ultra-precision optical components, mainly RLG and FOG core parts for inertial navigation systems used in defense weapons. It supplies these components mainly to Hanwha Aerospace.Lead managers: Korea Investment & SecuritiesOffer price₩66,000SubscriptionNov 5 – Nov 6ListingNot set yet
• 영광와이케이엠씨KOSDAQThe company provides precision processing, special surface treatment such as plasma anodizing, and ultra-high vacuum precision cleaning for core components used in semiconductor and display manufacturing equipment. It also serves aviation surface treatment and flat-glass equipment parts.Lead managers: Daishin SecuritiesPrice range₩9,400 – ₩11,000SubscriptionNov 4 – Nov 5ListingNot set yet
• 넥스아이KOSDAQNexEye is a new drug development company that out-licenses candidate drugs, mainly at the preclinical to Phase 2 stage, to global pharmaceutical companies. Its main target is immunotherapy-refractory cancer treatments.Lead managers: Korea Investment & SecuritiesOffer price₩10,500SubscriptionNov 3 – Nov 4ListingNot set yet
• Baropharm Inc.KOSDAQBaropharm operates an integrated order platform for pharmacies, connecting them with wholesalers and offering inventory, price comparison, payment and data services. It also directly purchases and distributes partner brand products and sells its own branded health supplements, OTC drugs and cosmeceuticals to pharmacies.Lead managers: Mirae Asset SecuritiesOffer price₩16,400SubscriptionNov 2 – Nov 3ListingNot set yet
• 동원파츠KOSDAQManufactures precision parts and assemblies, such as showerheads, chamber parts, heaters and spin chucks, for semiconductor and advanced industrial equipment. Supplies custom-made components on a B2B basis to global and domestic equipment makers.Lead managers: Samsung SecuritiesOffer price₩23,000SubscriptionNov 2 – Nov 3ListingNot set yet
• 아이엠기업인수목적1호SPACKOSDAQThe company is a special purpose acquisition company (SPAC) that plans to merge with an unnamed operating company after listing on KOSDAQ. It has no operating business of its own.Lead managers: 아이엠증권Offer price₩2,000SubscriptionOct 26 – Oct 27ListingNot set yet
• Lablup Inc.KOSDAQLablup develops AI infrastructure software, mainly the Backend.AI platform, which manages and orchestrates GPU and other compute resources for AI development, training, deployment and inference. The company was founded in April 2015.Lead managers: NH Investment & SecuritiesOffer price₩19,000SubscriptionOct 22 – Oct 23ListingNot set yet
• 영광KOSDAQMetal processing products manufacturer classified under the metal fabrication industry (금속가공제품 제조업; 기계 및 가구 제외) per the filing.Lead managers: Korea Investment & SecuritiesOffer price₩17,000SubscriptionOct 22 – Oct 23ListingNov 2
• EST Co., Ltd.KOSDAQThe company is classified under special-purpose machinery manufacturing, specifically display manufacturing machinery (C29272), according to the filing's industry classification.Lead managers: Daishin SecuritiesOffer price₩12,400SubscriptionOct 22 – Oct 23ListingNov 4
• 인텔리빅스KOSDAQIntelligibix develops AI video analytics solutions, including the Gen AMS AI control platform and VIXone/VIXcam AI cameras, for public safety, industrial sites, smart cities and defense. The company was founded in 2000.Lead managers: Mirae Asset SecuritiesOffer price₩9,000SubscriptionOct 21 – Oct 22ListingNot set yet
• 한화플러스제6호기업인수목적SPACKOSDAQA special purpose acquisition company whose only business purpose is to merge with an unlisted company after its IPO. It has not yet identified a merger target.Lead managers: Hanwha Investment & SecuritiesOffer price₩2,000SubscriptionOct 20 – Oct 21ListingNot set yet
• UNEEKOR Inc.KOSDAQCreates designs and sells golf launch monitors and simulator software, mainly for North American off-course and on-course golfers. The company also offers AI Trainer and GameDay software and related products.Lead managers: Samsung SecuritiesOffer price₩15,000SubscriptionOct 20 – Oct 21ListingOct 30
• TNE Korea Co., Ltd.KOSDAQThe filing classifies the company's industry as general-purpose machinery manufacturing. No business overview is included in the text.Lead managers: Shinhan SecuritiesOffer price₩15,300SubscriptionOct 20 – Oct 21ListingOct 29
• 에스케이증권제14호기업인수목적SPACKOSDAQThe company is a special purpose acquisition company (SPAC) whose sole business purpose is to merge with a target company after listing. It has no current merger target.Lead managers: SK SecuritiesOffer price₩2,000SubscriptionOct 15 – Oct 16ListingOct 27
• 디티에스KOSDAQThe company develops and manufactures cooling solutions for industrial plants, including air-cooled heat exchangers (AFC) and air-cooled condensers (ACC). Its products serve refining, petrochemical, power generation, and LNG liquefaction plants.Lead managers: Daishin SecuritiesOffer price₩18,500SubscriptionOct 13 – Oct 14ListingOct 23Stock page →
• 엠에스바이오KOSDAQManufactures medical devices and other medical equipment (KSIC C27199), according to the filing's industry classification.Lead managers: 케이비증권Offer price₩7,800SubscriptionOct 12 – Oct 13ListingOct 22Stock page →
• 엘리스그룹KOSDAQThe filer classifies the company under application software development and supply (KSIC J58222), within publishing (J58). The filing does not include a business overview.Lead managers: Mirae Asset SecuritiesOffer price₩70,400SubscriptionOct 7 – Oct 8ListingOct 20Stock page →
• JINCOSTECH CO.,LTD.KOSDAQLead managers: Hana SecuritiesOffer price₩19,500SubscriptionOct 2 – Oct 6ListingOct 15Stock page →
• 멜콘KOSDAQMelcon manufactures machinery for semiconductor manufacturing, classified under semiconductor manufacturing machinery (C29271). The filing does not describe specific products further.Lead managers: Daishin SecuritiesOffer price₩12,300SubscriptionOct 1 – Oct 2ListingOct 15Stock page →
• BRILS Corp.KOSDAQClassified as a special-purpose machinery manufacturer under the filing's industry category (특수 목적용 기계 제조업). The filing gives no further business description.Lead managers: 아이비케이투자증권Offer price₩19,500SubscriptionSep 17 – Sep 18ListingOct 1Stock page →
• Global Technologies Co., Ltd.KOSDAQThe company is classified as a manufacturer of electronic components, computers, video, audio and communication equipment.Lead managers: Korea Investment & SecuritiesOffer price₩10,000SubscriptionSep 16 – Sep 17ListingSep 29Stock page →
• DUKSAN NAVCOURS CO.,LTD.KOSDAQClassified under electronic components, computer, video, audio and communication equipment manufacturing, specifically other wireless communication equipment manufacturing. The filing does not describe products in further detail.Lead managers: Daishin SecuritiesOffer price₩14,600SubscriptionSep 16 – Sep 17ListingSep 30Stock page →
• Bigwave Robotics CorpKOSDAQThe company is classified under application software development and supply (KSIC J58222), according to the filing.Lead managers: 유진증권Offer price₩15,000SubscriptionSep 15 – Sep 16ListingSep 29Stock page →
• Wise Planet Company Co., LTD.KOSDAQLead managers: Daishin SecuritiesOffer price₩12,000SubscriptionSep 14 – Sep 15ListingSep 23Stock page →
• Neosapience, Inc.KOSDAQLead managers: Daishin SecuritiesOffer price₩10,000SubscriptionSep 10 – Sep 11ListingSep 21Stock page →
• Korea No.17 Special Purpose Acquisition Co., LTD.SPACKOSDAQA blank-check special purpose acquisition company (기업인수목적회사) with no operating business; it was formed to acquire or merge with another company.Lead managers: Korea Investment & SecuritiesOffer price₩2,000SubscriptionSep 10 – Sep 11ListingSep 22Stock page →
• KB No.34 Special Purpose Acquisition CompanySPACKOSDAQLead managers: 케이비증권Offer price₩2,000SubscriptionSep 10 – Sep 11ListingSep 22Stock page →
• NH SPECIAL PURPOSE ACQUISITION 34 COMPANYSPACKOSDAQLead managers: NH Investment & SecuritiesOffer price₩2,000SubscriptionSep 1 – Sep 2ListingSep 10Stock page →
• Sky Labs Inc.KOSDAQLead managers: Korea Investment & SecuritiesOffer price₩10,000SubscriptionAug 26 – Aug 27ListingSep 4Institutional demand 60.49:1Stock page →
• Nearthlab Inc.KOSDAQLead managers: Samsung SecuritiesOffer price₩30,000SubscriptionAug 12 – Aug 13ListingAug 24Stock page →
• HAECHITECH CORPORATIONKOSDAQManufacturer of electronic components, computers, video, audio and communication equipment, per the filing's industry classification.Lead managers: DB SecuritiesOffer price₩23,000SubscriptionAug 12 – Aug 13ListingAug 25Stock page →
• KIDO INDUSTRIAL CO., LTDKOSDAQThe filing classifies the company under leather clothing manufacturing (KSIC C14193), within apparel, apparel accessories and fur products manufacturing.Lead managers: Mirae Asset SecuritiesOffer price₩24,800SubscriptionAug 11 – Aug 12ListingAug 21Stock page →
• KNS Space and Defence Inc.KOSDAQLead managers: 아이비케이투자증권Offer price₩11,000SubscriptionAug 4 – Aug 5ListingAug 13Stock page →
• Dealicious Inc.KOSDAQLead managers: Korea Investment & SecuritiesOffer price₩7,000SubscriptionAug 3 – Aug 4ListingAug 12Stock page →
• HL GENOMICS Co., Ltd.KOSDAQLead managers: 케이비증권Offer price₩21,500SubscriptionJul 13 – Jul 14ListingJul 24Stock page →
• REMEDI Inc.KOSDAQOperates in the medical, precision and optical equipment manufacturing sector, classified under radiation device manufacturing. Business details are not described in the provided excerpt.Lead managers: 케이비증권Offer price₩20,700SubscriptionJul 1 – Jul 2ListingJul 13Stock page →
• LEMON HEALTHCARE Co.KOSDAQLead managers: 케이비증권Offer price₩10,000SubscriptionJun 24 – Jun 25ListingJul 6Stock page →
• Madup Inc.KOSDAQThe filing classifies the company under application software development and supply (KSIC J58222). The business overview is not included in the excerpt.Lead managers: Mirae Asset SecuritiesOffer price₩7,000SubscriptionJun 23 – Jun 24ListingJul 1Stock page →
• Korea No.16 Special Purpose Acquisition Co., LTD.SPACKOSDAQLead managers: Korea Investment & SecuritiesOffer price₩2,000SubscriptionJun 22 – Jun 23ListingJun 30Stock page →
• StradVision, Inc.KOSDAQThe company is classified under software development and supply (KSIC J58220) in the filing. The filing excerpt does not include a detailed business overview.Lead managers: 케이비증권Offer price₩12,000SubscriptionJun 18 – Jun 19ListingJun 30Stock page →
• Justek, Inc.KOSDAQManufactures electric motors and generators (detailed industry code C28111). The filing does not describe the business in further detail.Lead managers: Samsung SecuritiesOffer price₩12,500SubscriptionJun 18 – Jun 19ListingJun 29Stock page →
• Meritz No.2 Special Purpose Acquisition CompanySPACKOSDAQThe company is a special purpose acquisition company (SPAC) whose sole business purpose is to merge with another company after listing on KOSPI or KOSDAQ.Lead managers: Meritz SecuritiesOffer price₩2,000SubscriptionJun 9 – Jun 10ListingJun 19Institutional demand 1,088:1Stock page →
• PIECE PEACE STUDIO Co., Ltd.KOSDAQThe company brokers wholesale of textiles, clothing, footwear and leather goods and operates e-commerce retail, under the wholesale and retail sector classification.Lead managers: Mirae Asset Securities, NH Investment & SecuritiesOffer price₩21,500SubscriptionMay 26 – May 27ListingJun 8Stock page →
• Daishin Balance No.20 Special Purpose Acquisition CompanySPACKOSDAQLead managers: Daishin SecuritiesOffer price₩2,000SubscriptionMay 22 – May 26ListingJun 5Stock page →
• MakinaRocks Co., Ltd.KOSDAQLead managers: Mirae Asset SecuritiesOffer price₩12,500SubscriptionMay 11 – May 12ListingMay 20Stock page →
• Poled Co., Ltd.KOSDAQLead managers: NH Investment & SecuritiesOffer price₩5,000SubscriptionMay 4 – May 6ListingMay 14Stock page →
• COSMO ROBOTICS CO., LtdKOSDAQLead managers: 유진증권, NH Investment & SecuritiesOffer price₩5,300SubscriptionApr 27 – Apr 28ListingMay 11Stock page →
• CHAEVI CO., LTDKOSDAQLead managers: 케이비증권, Samsung SecuritiesOffer price₩12,300SubscriptionApr 20 – Apr 21ListingApr 29Stock page →
• Shinhan 18th Special Purpose Acquisition Co., Ltd.SPACKOSDAQLead managers: Shinhan SecuritiesOffer price₩2,000SubscriptionApr 20 – Apr 21ListingApr 30Stock page →
• Kiwoom Hero No.2 Special Purpose Acquisition CompanySPACKOSDAQThe company is a special purpose acquisition company (SPAC) whose sole business purpose is to merge with another company after listing on KOSDAQ. It has no operating business of its own.Lead managers: Kiwoom SecuritiesOffer price₩2,000SubscriptionApr 14 – Apr 15ListingApr 23Stock page →
• Kyobo 20 Special Purpose Acquisition CompanySPACKOSDAQThe company is a special purpose acquisition company (SPAC) whose sole business purpose is to list on KOSDAQ and then merge with an unlisted company. It has no other business operations.Lead managers: Kyobo SecuritiesOffer price₩2,000SubscriptionMar 23 – Mar 24ListingApr 2Stock page →
• Inventera Inc.KOSDAQDevelops Invinity, a polysaccharide-based nanostructure drug delivery platform, and MRI contrast agents. The filing describes a specialist contrast agent aimed at unmet medical needs.Lead managers: NH Investment & SecuritiesOffer price₩16,600SubscriptionMar 23 – Mar 24ListingApr 2Stock page →
• RecensMedical, Inc.KOSDAQLead managers: Korea Investment & Securities, 케이비증권Offer price₩11,000SubscriptionMar 19 – Mar 20ListingMar 31Stock page →
• Shinhan 17th Special Purpose Acquisition CompanySPACKOSDAQThe company is a special purpose acquisition company (SPAC) whose sole business purpose is to list on the KOSDAQ and then merge with another company. It conducts no other business.Lead managers: Shinhan SecuritiesOffer price₩2,000SubscriptionMar 19 – Mar 20ListingApr 1Stock page →
• NH SPECIAL PURPOSE ACQUISITION 33 COMPANYSPACKOSDAQA special purpose acquisition company formed to list on the Korea Exchange and then merge with a target company; no merger target has been selected yet.Lead managers: NH Investment & SecuritiesOffer price₩2,000SubscriptionMar 17 – Mar 18ListingMar 27Stock page →
• HANPASS CO.,Ltd.KOSDAQHanpass operates a digital remittance solution for overseas and domestic transfers, a mobile wallet, and prepaid card services, mainly for foreign residents in Korea. It also offers living-convenience services such as bus and KTX booking and job matching.Lead managers: Korea Investment & SecuritiesOffer price₩19,000SubscriptionMar 16 – Mar 17ListingMar 25Stock page →
• MEZOO Co., Ltd.KOSDAQThe company provides aRPM (ambulatory remote patient monitoring) solutions that measure, analyze, transmit and manage patients' biosignals in real time. Its products include the HiCardi wearable patch patient monitors and the SmartView and LiveStudio software.Lead managers: Shinhan SecuritiesOffer price₩21,600SubscriptionMar 16 – Mar 17ListingMar 26Stock page →
• IMBiologics Corp.KOSDAQIM BioLogics is a biotech company founded in 2020 that develops antibody drugs for autoimmune diseases and immuno-oncology using its IM-OpDECon antibody design platform. Its lead candidate IMB-101 is a dual-target OX40L/TNF antibody that has been licensed to Navigator Medicines.Lead managers: Korea Investment & SecuritiesOffer price₩26,000SubscriptionMar 11 – Mar 12ListingMar 20Stock page →
• Kanaph Therapeutics Inc.KOSDAQLead managers: Korea Investment & SecuritiesOffer price₩20,000SubscriptionMar 5 – Mar 6ListingMar 16Stock page →
• ESteem Co., Ltd.KOSDAQLead managers: Korea Investment & SecuritiesPrice rangeNot set yetSubscriptionFeb 23 – Feb 24ListingMar 6Stock page →
• AXBIS CO.,LTDKOSDAQLead managers: Mirae Asset SecuritiesOffer price₩11,500SubscriptionFeb 23 – Feb 24ListingMar 9Stock page →
• KbankKOSPILead managers: NH Investment & Securities, Samsung SecuritiesOffer price₩8,300SubscriptionFeb 20 – Feb 23ListingMar 5Stock page →
• KOYJ. CO.,LTDKOSDAQOffer price₩5,080SubscriptionJan 26 – Jan 27ListingNot set yetStock page →
• DEOKYANG ENERGEN CORPORATIONKOSDAQLead managers: NH Investment & Securities, Mirae Asset SecuritiesOffer price₩8,500SubscriptionJan 20 – Jan 21ListingJan 30Stock page →
• SAMSUNG SPECIAL PURPOSE ACQUISITION 13 COMPANYSPACKOSDAQThe company is a special purpose acquisition company (SPAC) whose sole business purpose is to list on KRX and then merge with a target company. It has no operating business of its own.Lead managers: Samsung SecuritiesOffer price₩2,000SubscriptionJan 12 – Jan 13ListingJan 21Stock page →
• SEMIFIVEKOSDAQSEMIFIVE provides engineering services for custom system semiconductor development, covering chip design from specification and logic design through layout, foundry management, and packaging and testing. Its main clients are AI chip fabless companies, established fabless companies, and SET/OEM firms.Offer price₩24,000SubscriptionNot set yetListingDec 29Stock page →
• 케이디비생명보험Offer price₩5,000SubscriptionDec 26ListingNot set yet
• Rznomics Inc.KOSDAQThe company develops RNA-based therapeutics using its RNA trans-splicing ribozyme platform technology for genetic disease and cancer candidates. It seeks to generate drug candidates through licensing and development.Offer price₩22,500SubscriptionNot set yetListingDec 18Stock page →
• Nara Space Technology Inc.KOSDAQOffer price₩16,500SubscriptionNot set yetListingDec 17Stock page →
• LS전선Offer price₩88,500SubscriptionDec 16ListingNot set yet
• TMC Co., Ltd.KOSPIManufactures marine and offshore cables for shipbuilders and offshore plants, along with optical cables for telecom and special industrial markets. Its subsidiary Glowone operates an automotive electronics business.Offer price₩9,300SubscriptionNot set yetListingDec 15Stock page →
• LivsMed Inc.KOSDAQReves Med develops, manufactures and sells laparoscopic surgical instruments for minimally invasive surgery. Its main products include the ArtiSential multi-joint laparoscopic instrument and the ArtiSeal vascular stapler, both with 90-degree articulation.Lead managers: Samsung Securities, Mirae Asset SecuritiesOffer price₩55,000SubscriptionDec 15 – Dec 16ListingDec 24Stock page →
• QuadMedicine Inc.KOSDAQThe company develops microneedle platform technology for drug delivery, including MAP manufacturing equipment and cosmetic ODM skin booster ingredients.Offer price₩15,000SubscriptionNot set yetListingDec 12Stock page →
• Mirae Asset Vision Special Purpose Acquisition 10 CompanySPACKOSDAQA special purpose acquisition company (SPAC) that plans to merge with a target company after its IPO. It has no operating business of its own.Lead managers: Mirae Asset SecuritiesOffer price₩2,000SubscriptionDec 12 – Dec 15ListingDec 23Stock page →
• Samjinfood Co., Ltd.KOSDAQManufactures and sells Korean fish cake (eomuk), including side-dish, soup, snack, bakery-style and gift-set products, mainly through B2B channels and its own stores. The company describes its vision as creating a fish-protein-based food culture.Lead managers: Daishin SecuritiesOffer price₩7,600SubscriptionDec 11 – Dec 12ListingDec 22Stock page →
• EGIS Co., LtdKOSDAQDevelops 3D GIS and digital twin software and a cloud-based SaaS spatial content platform for government, local authorities and private companies. Provides spatial information services and IT services such as software development and system integration.Offer price₩15,000SubscriptionNot set yetListingDec 11Stock page →
• Hana Thirty-six Special Purpose Acquisition CompanySPACKOSDAQThe company is a special purpose acquisition company (SPAC) whose sole purpose is to list on the KOSDAQ and then merge with another company. It conducts no other business.Lead managers: Hana SecuritiesOffer price₩2,000SubscriptionDec 11 – Dec 12ListingDec 22Stock page →
• FESCARO Co., Ltd.KOSDAQProvides embedded automotive cybersecurity solutions for passenger and commercial vehicles, expanding to agricultural machinery, construction equipment, and autonomous robots. Founded in 2016 by automotive software developers and white hackers as Korea's first automotive cybersecurity company.Offer price₩15,500SubscriptionNot set yetListingDec 10Stock page →
• Mirae Asset Vision Special Purpose Acquisition 11 CompanySPACKOSDAQThis is a special purpose acquisition company (SPAC) with no operating business; it plans to list on KOSDAQ and later merge with a target company. The target business has not been specified in the excerpt.Lead managers: Mirae Asset SecuritiesOffer price₩2,000SubscriptionDec 10 – Dec 11ListingDec 22Stock page →
• IBKS No.25 Special Purpose Acquisition CompanySPACKOSDAQIBKS No. 25 is a special purpose acquisition company (SPAC) that plans to merge with a target company after its IPO. The filing does not describe a specific operating business.Lead managers: 아이비케이투자증권Offer price₩2,000SubscriptionDec 9 – Dec 10ListingDec 19Stock page →
• Acryl Inc.KOSDAQAcryl is an AX infrastructure company that provides technologies supporting the full AI development lifecycle, including GPU optimization, RDMA-based high-speed transfer, and AI service build technology. It offers an integrated AI platform covering data collection, preprocessing, model development, deployment, and operation.Lead managers: Shinhan SecuritiesOffer price₩19,500SubscriptionDec 4 – Dec 5ListingDec 16Stock page →
• AimedBio Co., Ltd.KOSDAQDevelops antibody-drug conjugate (ADC) cancer drugs based on patient-derived models, and has licensed candidates to global pharmaceutical partners. Spun off from Samsung Seoul Hospital.Offer price₩11,000SubscriptionNot set yetListingDec 4Stock page →
• Meritz No.1 Special Purpose Acquisition CompanySPACKOSDAQThe company is a special purpose acquisition company (SPAC) whose sole business purpose is to list on the Korea Exchange and merge with a target company. It has no operating business at present.Lead managers: Meritz SecuritiesOffer price₩2,000SubscriptionDec 4 – Dec 5ListingDec 15Stock page →
• 파워큐브세미Offer price₩6,646SubscriptionNot set yetListingNot set yet
• EUGENE SPECIAL PURPOSE ACQUISITION 12 COMPANYSPACKOSDAQYujin Enterprise Acquisition Company No. 12 is a special purpose acquisition company (SPAC) that plans to list on KOSDAQ and merge with a target company. It has no operating business of its own.Lead managers: 유진증권Offer price₩2,000SubscriptionDec 2 – Dec 3ListingDec 11Stock page →
• Kyobo 19 Special Purpose Acquisition CompanySPACKOSDAQThe company is a special purpose acquisition company (SPAC) whose sole business purpose is to merge with an unlisted company after listing on KOSDAQ. It has not yet identified a merger target.Lead managers: Kyobo SecuritiesOffer price₩2,000SubscriptionDec 2 – Dec 3ListingDec 12Stock page →
• Kiwoom Hero No.1 Special Purpose Acquisition CompanySPACKOSDAQThe company is a special purpose acquisition company (SPAC) whose sole business purpose is to merge with a target company after listing on KOSDAQ. It has not yet identified a merger target.Lead managers: Kiwoom SecuritiesOffer price₩2,000SubscriptionDec 1 – Dec 2ListingDec 12Stock page →
• Aromatica Co., Ltd.KOSDAQAromatica is a clean beauty brand that makes vegan skincare products using essential oils and aromatherapy-based natural fragrances. It sells products in Korea and is growing in global markets such as the United States and Japan.Offer price₩8,000SubscriptionNot set yetListingNov 27Stock page →
• Mirae Asset Vision Special Purpose Acquisition 8 CompanySPACKOSDAQThe company is a special purpose acquisition company (SPAC) that plans to list on KOSDAQ and merge with a target company later. The filing does not describe a specific target business.Offer price₩2,000SubscriptionNot set yetListingNov 27Stock page →
• Shinyoung HappyTomorrow No.11 Special Purpose AcquisitionSPACKOSDAQA special purpose acquisition company (SPAC) formed to acquire or merge with a target company. It has no operating business of its own.Offer price₩2,000SubscriptionNot set yetListingNov 24Stock page →
• NH SPECIAL PURPOSE ACQUISITION 32 COMPANYSPACKOSDAQA special purpose acquisition company whose sole business purpose is to merge with a non-listed company after listing on KOSDAQ. No merger target has been selected.Lead managers: NH Investment & SecuritiesOffer price₩2,000SubscriptionNov 24 – Nov 25ListingDec 5Stock page →
• BNK 3 SPECIAL PURPOSE ACQUISITION COMPANYSPACKOSDAQThe company is a special purpose acquisition company whose only business purpose is to merge with an unlisted company after listing on KOSDAQ. It has no other business operations.Offer price₩2,000SubscriptionNot set yetListingNov 21Stock page →
• Vitzro Nextech Co., LTDKOSDAQThe company builds rocket engine components for Korean launch vehicles and fusion reactor components for ITER and K-STAR. It also manufactures accelerator parts and plasma-based systems and waste treatment equipment.Offer price₩6,900SubscriptionNot set yetListingNov 21Stock page →
• CMTX Co.,Ltd.KOSDAQThe company manufactures high-precision silicon, sapphire, and ceramic consumable parts used in semiconductor etching and deposition equipment. Its main product is silicon parts used inside plasma etch chambers.Offer price₩60,500SubscriptionNot set yetListingNov 20Stock page →
• SAMSUNG SPECIAL PURPOSE ACQUISITION 12 COMPANYSPACKOSDAQThe company is a special purpose acquisition company (SPAC) whose sole business purpose is to merge with a target company after listing on KOSDAQ. It has no operating business of its own.Lead managers: Samsung SecuritiesOffer price₩2,000SubscriptionNov 19 – Nov 20ListingNov 28Stock page →
• Mirae Asset Vision Special Purpose Acquisition 9 CompanySPACKOSDAQA blank-check special purpose acquisition company (SPAC) with no operating business; it plans to merge with a target company after listing. The filing does not name a target.Lead managers: Mirae Asset SecuritiesOffer price₩2,000SubscriptionNov 19 – Nov 20ListingDec 1Stock page →
• Pinkfong CompanyKOSDAQThe company is a media firm that owns character IP such as Pinkfong and Baby Shark, and distributes content through mobile and TV platforms. It earns revenue from content, licensing, merchandise, and games.Offer price₩38,000SubscriptionNot set yetListingNov 18Stock page →
• Green Optics Co.,Ltd.KOSDAQGreen Optics designs and manufactures ultra-precision optical systems used in defense, display, semiconductor and aerospace applications. It also produces ZnS (zinc sulfide) optical material, which it supplies for infrared seeker domes.Offer price₩16,000SubscriptionNot set yetListingNov 17Stock page →
• SENA Technologies, IncKOSDAQDevelops, manufactures and sells wearable mesh intercom and smart helmet products for motorcycling, cycling and outdoor activities, mainly under the SENA brand.Offer price₩56,800SubscriptionNot set yetListingNov 14Stock page →
• Curiosis Inc.KOSDAQCuriosis develops and manufactures lab automation equipment, including the automated live-cell imaging instrument Celloger and the cell separation and concentration system Cellpuri. The company sells mainly through distributors and exports most of its revenue.Offer price₩22,000SubscriptionNot set yetListingNov 13Stock page →
• INNOTECH Co.,LtdKOSDAQDevelops and manufactures composite reliability environmental test equipment for display, semiconductor, and secondary battery industries. Also provides maintenance for the equipment it supplies.Offer price₩14,700SubscriptionNot set yetListingNov 7Stock page →
• NOTA, Inc.KOSDAQDevelops and provides AI model compression (lightweight) solutions based on hardware-aware optimization. Its main product, NetsPresso Platform, automates AI model design, training, compression and deployment across CPU, GPU, NPU and FPGA environments.Offer price₩9,100SubscriptionNot set yetListingNov 3Stock page →

How a Korean IPO works: institutions bid first (the demand forecast), which sets the final offer price; then individuals subscribe for two days through the lead managers' brokerage accounts; shares start trading on the listing date.

Dates and prices can change until the final terms are filed. Not financial advice.