Stormtec Co Ltd (Ticker: 352090 KS) is a South Korean company focusing on the production of components for water purifiers, drinking water dispensers, and other water-related products such as refrigerators, bidets, plant growers, and coffee machines. The company's main products include fittings, valves, tubes, and safety faucets for various appliances.

Stormtec Co Ltd will list on the KOSDAQ on November 20, 2023. The firm plans to sell 3.35 million shares at an offer price of KRW 11,000 (USD 8.3061) per share. The expected Market Capitalization at the offer is KRW 147.80 billion (USD 111.61 million), with a total offer size of KRW 36.85 billion (USD 27.83 million). The offering is managed by HI Investment & Securities Co Ltd. Notably, there is a 3-month lockup for 90,909 shares owned by advisors.