Simple Platform KOSDAQ Listing Promotion, Aiming for Industrial Innovation with AIoT Technology

Simple Platform CEO Taeshin Kang, who is currently pursuing a KOSDAQ listing, expressed this ambition at an IPO press conference held in Yeouido on the 12th. At this press conference, Simple Platform’s core technologies, business performance, and future vision were shared.

Founded in 2011, Simple Platform is a specialized company that efficiently collects, analyzes, and utilizes industrial data based on 'AIoT' technology, which combines artificial intelligence (AI) and the Internet of Things (IoT). In particular, it has a quality management solution that clearly distinguishes between good and bad products using AI, and through this, it supports data-based decision-making in various industries such as manufacturing.

Simple Platform's AIoT technology is producing tangible results in various industries. In the semiconductor sector, we collaborated with major domestic semiconductor companies to perform wafer inspection and equipment abnormality detection, thereby improving data accuracy compared to the past. In the display sector, we collaborated with metal mask manufacturers to reduce the defect rate, and in the public sector, we developed an AI for determining sirloin grades using semiconductor inspection technology, and collaborated with the Livestock Products Quality Evaluation Institute to build an objective grading model. In the healthcare sector, we collaborated with Gangnam Severance Hospital to build an AI system for integrated management of patients' vital data, and in the sports tech sector, we introduced an AI for analyzing the performance of the national badminton team.

CEO Kang said, “Through this KOSDAQ listing, we will secure reliability and expandability and carry out more active sales activities,” and “We plan to use this listing as a stepping stone to quickly apply Simple Platform’s AIoT technology to more diverse industries.”

Simple Platform is raising 920,000 new shares through this IPO. The target offering price is 13,000 to 15,000 won. The funds raised will be invested in AIoT technology advancement, global market entry, and industrial expansion.

The public offering price will be determined through demand forecasting until March 6, and general subscriptions will be accepted on March 11-12 before being listed on the KOSDAQ market within this month. The lead manager is KB Securities.


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