True
South Korean white-hat security firm EnkiWhitehat is moving ahead with plans to list on the KOSDAQ, with a public share subscription scheduled for November. The company, which specializes in ethical hacking and cybersecurity services, is preparing an initial public offering that would place it among the growing roster of security firms on the Korean junior bourse.
The public subscription (일반 청약) is slated for November, marking a key milestone in the company's listing process. A KOSDAQ debut would follow, giving investors access to one of Korea's specialized offensive-security players.
EnkiWhitehat is known in the Korean cybersecurity industry for its ethical hacking — or "white hat" — services, providing penetration testing and security consulting. A KOSDAQ listing would provide the company with capital to expand its business and raise its public profile in a sector gaining importance as AI-driven security threats grow.
Further details on the offering size and valuation were not available at the time of reporting.
EnkiWhitehat's plan to pursue a KOSDAQ listing with a November public subscription is true.