NAU Robotics succeeded in its demand forecasting for institutional investors.
NAU Robotics announced on the 22nd that it has finalized the initial public offering price at 6,800 won, the upper limit of its desired range (5,900 to 6,800 won), after conducting demand forecasts for institutional investors from the 14th to the 18th.
A total of 2,479 domestic and international institutions participated in this demand forecasting, recording a competition rate of 1,394.96 to 1. This is the highest demand forecasting competition rate since the implementation of the capital payment ability system in July 2023. 99.8% of the participating institutions (including those that did not provide a price) placed orders above the upper limit of the public offering price. The ratio of institutions that guaranteed lock-up is 13.59%.
Based on the final public offering price, the expected amount of funds to be raised is 17 billion won, and the market capitalization after listing will be 85.3 billion won. The funds raised will be used for research and development, facility funding to expand production capacity, and marketing and sales to expand into global markets.
Founded in 2016, NAU Robotics is a specialized intelligent robotics corporation that has secured a range of robotic products across various industries, including industrial robots and autonomous logistics robots. NAU Robotics provides one-stop total robotic solutions based on its expertise in robot automation system construction and development. It also boasts the only high-capacity payload lineup in the country.
Meanwhile, NAU Robotics will conduct the public offering subscription for general investors from the 24th to the 25th. The listing date is set for May 8th. The lead underwriter is DAISHIN SECURITIES, and the co-underwriter is iM Securities.