Korean lidar venture SOSLab eyes Kosdaq debut in May

South Korean light detection and ranging (lidar) startup SOSLab aims to debut on the junior bourse Kosdaq in May, according to banking sources on Sunday. The company plans to raise up to 18 billion won ($13 million) by selling 2 million new shares. Given the price range of 7,500 won-9,000 won, the market cap is expected to be between 131.5 billion won and 157.8 billion won.

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