IPO Price Set at 5,000 Won with Strong Demand - Competition Ratio 1,486:1

IPO price fixed at 5,000 won, top of the range (4,100~5,000 won)
Total offering amount 13 billion won, 2.6 million new shares (100% new shares)
Institutional demand forecast competition ratio 1,486.66:1 (2,372 participants, 2.899 billion shares requested)
97% of orders at the final price of 5,000 won, 2.5% above the top of the range
Underwriter NH Investment & Securities obligated to purchase 78,000 shares (3-month lock-up)
Use of proceeds: logistics center purchase 10.871 billion won, R&D 1.863 billion won
Total logistics center cost 28 billion won, additional debt of 14.189 billion won and own funds 2.94 billion won
Assuming debt, debt ratio increases from 44.99% to 61.77%, debt dependency from 6.85% to 18.85%
2025 net income 8.362 billion won, PER 19.05x, valuation per share 6,178 won implying 19.07% discount

Filing: [Confirmation of Issuance Terms] Securities Registration Statement (Equity Securities)
Company: Poled (487580)
Submission: Poled
Receipt: 04-30-2026