Piero Company (CEO Park Min-jin) announced that it has signed a contract with Korea Investment & Securities as lead underwriter for its initial public offering (IPO). Founded in 2020, Piero Company is garnering industry attention for its early preparations for listing despite its early stage of development.
The timing of the listing will be determined flexibly, taking into account market conditions and key indicators. With this lead underwriter agreement, we have begun proactively establishing a disclosure and internal control system that meets capital market standards.
A Piero Company official said, “Listing is not a short-term goal, but part of a mid- to long-term growth strategy,” and added, “We will consistently apply growth and profitability standards similar to those used in the IPO review process in subsequent investment rounds to enhance market confidence.”
CEO Park Min-jin said, “This contract is the starting point for Piero Company to grow into a data-driven platform company recognized in the global market beyond Korea.” He added, “By systematizing IPO preparations, we will simultaneously achieve sound growth and increased corporate value, and set a new standard in the global IT asset market.”
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