In today’s briefing:
- HPSP Preview: A Korean IPO With Best Fundamentals So Far in 2022
HPSP Preview: A Korean IPO With Best Fundamentals So Far in 2022
- HPSP is getting ready for an IPO in Korea in July. This semiconductor equipment Korean company is an IPO with the best fundamentals for a so far in 2022.
- The IPO base deal size is from $55 million to $60 million. Crescendo Equity Partners (backed by Peter Thiel) is the controlling shareholder of HPSP.
- HPSP had revenue of 91.8 billion won (up 50% YoY) and operating profit of 45.2 billion won (up 82.3% YoY) in 2021. Its sales and profits surged higher in 1Q22.
Before it’s here, it’s on Smartkarma