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Xenon files Kosdaq IPO registration statement, seeks up to 26.8 billion won

Generative AI solutions company Xenon said on Oct. 8 it filed a securities registration statement with South Korea\'s Financial Services Commission and began procedures for a Kosdaq listing. The company plans to offer 2.2 million shares at a proposed price of 9,700 to 12,200 won each, raising 21.34 billion to 26.84 billion won. Institutional bookbuilding runs Oct. 26-30, with retail subscriptions Nov. 4-5. Samsung Securities is lead manager.