When is the Neosapience IPO subscription?

Thu Sep 10 to Fri Sep 11 (Korea time). Refunds and payment are on Tue Sep 15.

What is the Neosapience IPO price?

₩10,000 per share. The indicative range was ₩13,800-15,800, and the price was set below the range.

What was the Neosapience book-building demand ratio?

1,045 institutional bids produced a demand ratio of 219.56 : 1; lock-up commitments covered 9% of bid volume.

When does Neosapience list on the Korean stock market?

Trading is scheduled to start on Mon Sep 21, per the issuance result report filed with DART.

How many Neosapience shares are tradable on listing day?

Per the registration statement, 28.61% of shares to be listed (3,495,095 shares) can be traded on the listing day. As lock-ups expire this rises to 37.01% after 1 month and 61.55% after 3 months (cumulative).

Neosapience IPO

네오사피엔스 · Listed

한국어 DART filing

Offer price₩10,000Final terms filed

Shares offered2,000,000

Offering size₩20.0bn

SubscriptionThu Sep 10

Neosapience (네오사피엔스) IPO subscription runs Thu Sep 10 to Fri Sep 11. The offer price is ₩10,000 for 2,000,000 shares, about ₩20.0bn in total. Underwriters: Daishin Securities. Payment and refund date: Tue Sep 15. Trading is scheduled to start on Mon Sep 21. Institutional book-building drew 1,045 bids for a demand ratio of 219.56 : 1, with lock-up commitments on 9% of bid volume, and the price was set below the range at ₩10,000. 28.61% of listed shares are tradable on day one. The retail subscription ratio was 1,047.78 : 1 across 107,233 applications, with 2 shares per account under equal allocation.

Book-building and subscription results

All IPO results

Institutional demand ratio219.56 : 11,045 bids · 329,341,000 shares

Lock-up commitments9%share of bid volume

Final offer price₩10,000range 13,800~15,800 · below the range

Tradable on listing day28.61%3,495,095 shares · 37.01% after 1 mo · 61.55% after 3 mo

Retail subscription ratio1,047.78 : 1107,233 applications

Equal allocation2 shares per accountpro-rata ratio 2,093.85 : 1

Subscribed amount₩5.24tnshares applied × offer price

Figures from the DART final terms filing · issuance result report. Demand ratios are simple ratios of shares bid to shares allocated and do not show real demand for the stock. Not investment advice.

A demand ratio of 219.56 : 1 ranks 29 of the last 34 Korean IPOs with published results, where the median is 1,041.02 : 1. Its day-one float of 28.6% compares with a median of 31.3% over the same set. A high demand ratio does not predict the listing-day move. See Korea IPO demand results.

Underwriters

Role	Broker	Shares	Amount
Lead	Daishin Securities	2,000,000	₩27.6bn

Neosapience IPO FAQ

When is the Neosapience IPO subscription?: Thu Sep 10 to Fri Sep 11 (Korea time). Refunds and payment are on Tue Sep 15.
What is the Neosapience IPO price?: ₩10,000 per share. The indicative range was ₩13,800-15,800, and the price was set below the range.
What was the Neosapience book-building demand ratio?: 1,045 institutional bids produced a demand ratio of 219.56 : 1; lock-up commitments covered 9% of bid volume.
When does Neosapience list on the Korean stock market?: Trading is scheduled to start on Mon Sep 21, per the issuance result report filed with DART.
How many Neosapience shares are tradable on listing day?: Per the registration statement, 28.61% of shares to be listed (3,495,095 shares) can be traded on the listing day. As lock-ups expire this rises to 37.01% after 1 month and 61.55% after 3 months (cumulative).
What was the Neosapience retail subscription ratio?: 1,047.78 : 1 across 107,233 applications, with 2 shares per account under equal allocation.

From the DART registration statement (equity securities). Book-building and subscription results are added once the final terms filing and issuance result report are published; listing dates are not included. Not investment advice.