Simple Platform , a company specializing in artificial intelligence (AI)-based data solutions, announced on the 17th that it had submitted a securities report to the Financial Services Commission and entered into the full-scale public offering process for listing on KOSDAQ.
The total number of shares offered is 920,000, and the target price per share is 13,000 to 15,000 won. This translates to a total offering value of approximately 12 billion to 13.8 billion won. KB Securities is the lead underwriter. The company will conduct a demand forecast for institutional investors in February to determine the final offering price and plans to use the proceeds to further develop its technology.
Founded in 2011, Simple Platform has focused on developing data solutions that integrate AI and IoT technologies. Leveraging IoT technology, the company integrates the entire process of storing, managing, analyzing, and predicting data collected from facilities and devices. Based on this, the company provides clients with solutions such as predictive maintenance, quality inspection, production optimization, supply chain optimization, resource optimization, and product servicing.
Currently, Simple Platform's customers and partners include DB HiTek, Park Systems, CJ Feed & Care, and SNS Tech in the manufacturing sector; Gangnam Severance Hospital, Radian Q Bio, and LG U+ in the healthcare sector; and major government agencies such as the Ministry of Science and ICT, the Korea Paralympic Committee, and the Livestock Products Quality Evaluation Institute.
Lim Dae-geun, CEO of Simple Platform, said, “With the KOSDAQ listing as an opportunity, we will further enhance and expand our AIoT platform,” and “We will achieve sustainable growth in the industrial AI market through customer data innovation through our platform.”
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