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Innospace

Innospace Co Ltd (Ticker: 462350 KS) is a South Korean aerospace/defense company that designs, develops, and manufactures suborbital and orbital launch vehicles, sounding rockets, hybrid rocket engines, and rocket components. Innospace Co Ltd will list on July 2, 2024, on the KOSDAQ exchange in South Korea. The firm is selling 1.33 million shares at the price of KRW 43,300 each. The expected market capitalization at offer is KRW 406.16 billion (USD 298.00 million). The total offer size is KRW 57.59 billion (USD 42.25 million). The offering is managed by Mirae Asset Securities. A one-year lockup period applies to 140,400 shares owned by shareholders and the Employee Stock Ownership plan.

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