MakinaRocks IPO to test Kosdaq's appetite for AI beyond chips

MakinaRocks, a Korean industrial artificial intelligence company, is set to debut on the Kosdaq on Wednesday in one of the junior bourse’s most closely watched IPOs this year, testing whether investor enthusiasm for AI can expand beyond semiconductor giants into smaller software firms. The company attracted about 14 trillion won ($9.4 billion) in retail subscription deposits, placing it among the strongest Kosdaq IPOs on record. Institutional demand was also robust, with lock-up commitments reac