This week's initial public offering (IPO) market features Madup and Lemon Healthcare, both seeking KOSDAQ listings, conducting subscriptions for retail investors. Big Wave Robotics delayed its subscription schedule after the Financial Supervisory Service (FSS) requested an amended securities registration statement.
According to the financial investment industry Monday, Madup, an artificial intelligence (AI) marketing company specializing in advertising agency services and software development, will receive retail subscriptions on the 23rd and 24th of this month. The company earlier conducted demand forecasting for institutional investors from the 12th to the 18th, with its listing scheduled for the 1st of next month. The desired offering price band is 7,000 to 8,000 won. Mirae Asset Securities is managing the listing.
Founded in 2015, Madup is a tech company providing digital marketing solutions. It invested a cumulative 28 billion won in development to build its AI digital marketing engine, "LEVER Xpert." Based on this, it has accumulated more than 1 trillion won worth of actual advertising execution data over 10 years, and combined with the decision-making logic of top marketers, it serves as an optimized "AI agent."
Lemon Healthcare, a healthcare-related software company, will conduct its retail subscription on the 24th and 25th of this month. The desired offering price band is 7,500 to 10,000 won, with the offering amount expected at 15 billion to 20 billion won. The company conducted demand forecasting from the 15th to the 19th of this month, with its listing scheduled for the 6th of next month. KB Securities is the listing manager.
Founded in 2017, Lemon Healthcare provides a real-time bidirectional brokerage platform connecting participants in the medical data ecosystem, including hospitals, patients, insurers, and pharmaceutical companies. The company has secured a strong customer base centered on tertiary general hospitals through software-as-a-service (SaaS)-based smart hospital service construction and subscription services. Recently, it has been evolving into a nationwide digital healthcare brokerage infrastructure company supporting the connection, transfer, and utilization of medical data.
Big Wave Robotics, which had been scheduled to conduct its retail subscription this week, delayed its schedule following the FSS's amendment request. It had originally planned to conduct subscriptions from the 19th to the 22nd of this month, but the schedule was postponed after it was asked to submit an amended registration statement on the 16th. Its future schedule has not yet been determined.
