Innospace IPO on KOSDAQ
Korean small-launch vehicle developer Innospace listed on KOSDAQ to fund its HANBIT launchers.
- Company
- Innospace
- Type
- IPO
- Status
- Completed
- Date
- 2 Jul 2024
- Value
- KRW 57.59bn
- US$ equivalent
- US$42m
- Value basis
- KRW 57.6bn from 1,330,000 new shares at KRW 43,300
- Region
- South Korea
- Segment
- Listed equity
Parties
- Innospace issuer
Key terms
- Offer price
- KRW 43,300 a share
- Subscription and payment
- 20-21 Jun 2024; paid 25 Jun 2024
- Underwriters
- Mirae Asset Securities (lead, 94%) and Shinhan Investment
- Use of proceeds
- KRW 26.6bn capex and KRW 28.6bn working capital
Sources
- Innospace final terms registration statement (DART) dart.fss.or.kr · 19 Jun 2024
- Innospace securities issuance results report (DART) dart.fss.or.kr · 25 Jun 2024
Record ORB-INV-2024-0020. Investments are kept apart from the financings register and never counted in debt totals.
