DEEP RESEARCH · Semifive IPO
Semifive Kicks Off KOSDAQ Listing — Filing Note
FSC registration filed, 5.4M shares with a 21,000–24,000 KRW price band — a one-line "want to be a shareholder" interest note.

0. Bottom line first
On 2025-10-17, Semifive filed a securities registration statement with Korea's Financial Services Commission to list on KOSDAQ. The offering totals 5.4 million shares with a price band of KRW 21,000–24,000. — Reported by TheLec. Personal note: would like to become a shareholder.
1. The news
Official fact: Per TheLec (a specialized electronics-components media), Semifive announced on the 17th that it had filed its securities registration statement with the FSC to list on KOSDAQ.
Official fact: The company plans to offer 5.4 million shares total, with an indicative price band of KRW 21,000–24,000.
Interpretation: At the top of the band, the gross offering size is roughly KRW 129.6 billion (5.4M × 24,000). Final size, primary/secondary split, ESOP allocation and lockups need to be checked in the body of the registration statement.
Semifive
Korean SoC design solutions company pursuing a KOSDAQ listing.
5.4M shares
Total shares to be offered in this IPO.
21,000–24,000 KRW
Implied gross proceeds at top ≈ KRW 129.6B.
Filing
FSC filing → book-building → subscription → listing.
2. What to watch next
- The S-1 body — use of proceeds (capex vs working capital), primary/secondary split, ESOP allotment.
- Peers & valuation — design-house comps (e.g., ADTechnology, Gaonchips) and PER/PSR methodology.
- Underwriter commentary — book-building results (institutional oversubscription, lockup ratio) and final IPO price.
- Lockups/overhang — financial/strategic investor stakes and lockup periods.
3. Personal note
Interpretation: Just a one-line "would like to be a shareholder" tag. Actual subscription depends on the full filing, book-building results and market tone.
Sources
- TheLec: https://www.thelec.kr
- Original post: Naver Blog — Semifive begins KOSDAQ listing