Seoul-based data-center infrastructure and cloud-services provider Elice Inc. will list on the KOSDAQ on Tuesday, seeking KRW 201 bln (≈$151m) in what would be the exchange’s largest IPO so far this year. The company priced the offering at KRW 90,500 per share — at the top of the marketed range — implying a post-listing market value above KRW 1 tln. The deal follows peer Firmus’s withdrawal of a high-profile IPO earlier this month and will be watched for demand from AI-focused investors.

2026-10-19

Seoul-based data-center infrastructure and cloud-services provider Elice Inc. will list on the KOSDAQ on Tuesday, seeking KRW 201 bln (≈$151m) in what would be the exchange’s largest IPO so far this year. The company priced the offering at KRW 90,500 per share — at the top of the marketed range — implying a post-listing market value above KRW 1 tln. The deal follows peer Firmus’s withdrawal of a high-profile IPO earlier this month and will be watched for demand from AI-focused investors.