Baek Jong-won, CEO of Theborn Korea. (Photo=JTBC)

 

[Alpha Biz= Reporter Kim Sangjin] The Born Korea, founded by Baek Jong-won, has officially filed a securities registration statement with the Financial Services Commission, marking the beginning of its process to list on the KOSPI.

Here are the key details of the upcoming IPO:

Total Shares for Offering: 3 million shares
 

Price Range per Share: 23,000 to 28,000 KRW
 

Total Expected Fundraising Amount: Approximately 690 billion to 840 billion KRW
 

The demand forecast for institutional investors will be conducted from October 15 to 21. 

 

The general subscription is scheduled for October 24 and 25, with the company targeting a listing on KOSPI in November.

The lead underwriters for the IPO are Korean Investment & Securities and NH Investment & Securities.
 

 

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