Ecopro Materials Co Ltd (Ticker: 450080 KS) is an Electronics industry company specializing in the production of cathode material precursors, crucial for lithium secondary batteries, often used in electric vehicles. The company operates out of South Korea. Ecopro Materials Co Ltd is scheduled to list on the Korea Stock Exchange on November 17, 2023. The company plans to sell 11.58 million shares at an offer price of KRW 36,200 each. The expected Market Capitalization at offer is KRW 2.47 trillion (USD 1.85 billion). The total offer size is KRW 419.22 billion (USD 313.71 million). The offering is managed by Mirae Asset Securities and NH Investment & Securities Co Ltd. Notably, Ecopro Materials reduced its IPO size and priced its stock at the lower end of the initial range due to subdued demand, particularly influenced by the current market outlook in the EV sector. Parent Ecopro Co. holds nearly 54% of Ecopro Materials.