Intellivix submitted a securities registration statement to the Financial Services Commission for its planned listing on KOSDAQ.


Intellivix Submits Securities Registration Statement, Begins KOSDAQ Listing Process View original image

According to Intellivix on September 17, the total number of shares to be offered is 2.5 million, with the desired price range set between KRW 7,600 and KRW 9,000 per share. The total expected public offering amount is between KRW 19 billion and KRW 22.5 billion. Bookbuilding for institutional investors will take place from October 12 to 16. The public subscription is scheduled for October 21 to 22. The lead underwriter is Mirae Asset Securities.


Founded in 2000, Intellivix is a deep-tech company specializing in safety artificial intelligence (AI), offering intelligent safety solutions that leverage video analysis AI technology to preemptively detect and respond to risks in a variety of environments, including public safety, industrial safety, transportation, and disaster situations.


Intellivix's core strength lies in its proprietary AI technology specialized for safety, developed using data accumulated in the field. The company applies its in-house AI engine, 'VIX2.0,' and AI agent, 'VIXA,' to key products—enabling 'active AI' that not only detects hazards, but also understands the context of situations, autonomously makes decisions and responses, and ultimately links them to real-world action.


Intellivix’s flagship products include 'GenAMS,' an integrated safety management platform based on generative AI, and 'On-Device AI.' GenAMS integrates every stage from risk detection to analysis, decision-making, and response, while On-Device AI runs AI directly and in real time on cameras and field equipment, enhancing the effectiveness of safety management.


Intellivix plans to utilize the funds raised from this IPO to: ▲ further advance its AI technology and products ▲ expand its defense and Physical AI business ▲ and enter the global market.



Jung-hoon Jang, CEO of Intellivix, said, "Intellivix is a company that has turned 'active safety AI'—grounded in field-accumulated data and proprietary AI technology—into real products and business achievements. With this KOSDAQ listing, we will strengthen our product competitiveness led by GenAMS and expand our defense and overseas business foundation to grow into a unique leader in the global safety AI market."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing