[This Week's IPO] Demand Forecast and Subscription Schedule for the Third Week of January
![[This Week's IPO] Demand Forecast and Subscription Schedule for the Third Week of January](http://www.asiae.co.kr/news/img_view.htm?img=2026010907445884694_1767912298.jpg)
In the third week of this month (January), Deokyang Energen will conduct a demand forecast targeting institutional investors.
<Demand Forecast>
◆Deokyang Energen = Established in 2020, Deokyang Energen is a hydrogen-specialized company that refines byproduct hydrogen generated from caustic soda manufacturing and petrochemical processes into 'high-purity industrial hydrogen' using its proprietary technology.
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The total number of shares to be offered is 7.5 million, with the desired offering price range set between 8,500 and 10,000 won per share. The total offering amount is expected to be between 63.7 billion and 75 billion won. The company plans to go public on the KOSDAQ market after conducting the demand forecast and subscription process in January. Mirae Asset Securities and NH Investment & Securities are serving as joint lead underwriters.
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