When is the Lablup IPO subscription?

Thu Oct 22 to Fri Oct 23 (Korea time). Refunds and payment are on Tue Oct 27.

What is the Lablup IPO price?

₩19,000 per share. The indicative range was ₩19,000-22,000, and the price was set at the bottom of the range.

What was the Lablup book-building demand ratio?

1,129 institutional bids produced a demand ratio of 284.53 : 1.

When does Lablup list on the Korean stock market?

Trading is scheduled to start on Tue Nov 3, per the issuance result report filed with DART.

How many Lablup shares are tradable on listing day?

Per the registration statement, 35.51% of shares to be listed (5,172,746 shares) can be traded on the listing day. As lock-ups expire this rises to 40.69% after 1 month and 46.24% after 3 months (cumulative).

Lablup IPO

래블업 · Closed

한국어 DART filing

Offer price₩19,000Final terms filed

Shares offered2,180,000

Offering size₩41.4bn

SubscriptionThu Oct 22

Lablup (래블업) IPO subscription runs Thu Oct 22 to Fri Oct 23. The offer price is ₩19,000 for 2,180,000 shares, about ₩41.4bn in total. Underwriters: NH Investment & Securities. Payment and refund date: Tue Oct 27. Trading is scheduled to start on Tue Nov 3. Institutional book-building drew 1,129 bids for a demand ratio of 284.53 : 1, and the price was set at the bottom of the range at ₩19,000. 35.51% of listed shares are tradable on day one. The retail subscription ratio was 3.55 : 1 across 21,128 applications.

Book-building and subscription results

All IPO results

Institutional demand ratio284.53 : 11,129 bids · 446,593,000 shares

Final offer price₩19,000range 19,000~22,000 · at the bottom of the range

Tradable on listing day35.51%5,172,746 shares · 40.69% after 1 mo · 46.24% after 3 mo

Retail subscription ratio3.55 : 121,128 applications

Subscribed amount₩36.8bnshares 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 284.53 : 1 ranks 27 of the last 34 Korean IPOs with published results, where the median is 1,041.02 : 1. Its day-one float of 35.5% 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	NH Investment & Securities	2,180,000	₩41.4bn

Lablup IPO FAQ

When is the Lablup IPO subscription?: Thu Oct 22 to Fri Oct 23 (Korea time). Refunds and payment are on Tue Oct 27.
What is the Lablup IPO price?: ₩19,000 per share. The indicative range was ₩19,000-22,000, and the price was set at the bottom of the range.
What was the Lablup book-building demand ratio?: 1,129 institutional bids produced a demand ratio of 284.53 : 1.
When does Lablup list on the Korean stock market?: Trading is scheduled to start on Tue Nov 3, per the issuance result report filed with DART.
How many Lablup shares are tradable on listing day?: Per the registration statement, 35.51% of shares to be listed (5,172,746 shares) can be traded on the listing day. As lock-ups expire this rises to 40.69% after 1 month and 46.24% after 3 months (cumulative).
What was the Lablup retail subscription ratio?: 3.55 : 1 across 21,128 applications.

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.