Nota AI Files for KOSDAQ Listing: A Promising Step Towards Growth and Expansion

Nota AI Submits Securities Registration Statement for KOSDAQ Listing

Nota AI, an innovative company specializing in AI model compression and optimization, has made significant strides towards its impending KOSDAQ listing. On August 22, 2025, the company confirmed that it has officially filed its Securities Registration Statement to the Korea's Financial Services Commission, marking the launch of its IPO process on the KOSDAQ exchange.

Through this forthcoming IPO, Nota AI aims to sell approximately 2,916,000 shares, with an anticipated price set between 7,600 to 9,100 KRW per share. This move is expected to generate between 22.2 to 26.5 billion KRW in funds, a considerable amount that is projected to boost the company's operations and growth prospects.

The book-building period for institutional investors is scheduled between September 12 and 18, with a subsequent public subscription phase occurring on September 23 and 24. Mirae Asset Securities is the lead underwriter for this exciting venture.

Despite challenges in the Korean IPO landscape and a notable drop in new applications after regulatory modifications in July, Nota AI's timely submission stands out. This highlights the company’s robust performance and ambitious growth trajectory, establishing a notable presence in a tough market.

Founded in 2015, Nota AI operates on its proprietary platform, NetsPresso®, designed to optimize AI models for efficient performance on devices with limited resources. This innovative platform automates the crucial yet complex process of both model optimization and deployment, which leads to reduced development and operational costs. Notably, Nota AI has successfully partnered with leading global semiconductor firms, such as NVIDIA, Samsung Electronics, Arm, Qualcomm, Sony, and Renesas, leading to multiple successful deployments of its technology.

Another cornerstone of Nota AI's offerings is the NVA (Nota Vision Agent), which represents Korea's first generative AI-based intelligent video surveillance system. Distinct from traditional object detection systems, NVA's advanced capabilities allow it to evaluate relationships between objects, identify procedural violations, and detect complicated risk factors in real time. This technology is being utilized across various sectors, including industrial safety, intelligent transportation systems, retail, and surveillance; notable implementations include a contract secured with Dubai’s Roads and Transport Authority and recent deployment at Kolon Industries' Gimcheon Plant 2.

As a testament to its efficient technology-driven model, Nota AI has witnessed remarkable revenue growth, achieving 480 million KRW in 2021, 2.01 billion KRW in 2022, 3.58 billion KRW in 2023, and 8.44 billion KRW in 2024. This reflects an astonishing compound annual growth rate (CAGR) of 159.7% over this period.

In commentary regarding the IPO process, Myungsu Chae, CEO of Nota AI, commented, "In a challenging IPO climate characterized by stricter listing requirements, our adherence to the timeline demonstrates both our proven profitability and robust growth vision for the mid to long term. The proceeds from this IPO will allow us to enhance our technology further and accelerate our international expansion, solidifying our position in the AI compression and optimization sector while promoting the broader integration of AI technology across various industries."

Nota AI has not only focused on domestic growth but has also expanded its footprint globally with subsidiaries established in Berlin (2020) and Sunnyvale, California (2022). Moreover, it has made inroads into critical international markets, including the Middle East, Japan, and Southeast Asia.

The company’s competitive edge is recognized in the industry, having been listed as a promising contender in the AI 100 Most Promising AI Startups by CB Insights in 2025. Additionally, Nota AI was selected as one of the top five elite teams to participate in the AI foundation model development project organized by the Ministry of Science and ICT, partnering with Upstage, which should enhance its capabilities.

In conclusion, Nota AI's filing for KOSDAQ listing symbolizes a significant milestone in its journey of rapid growth and innovation within the AI optimization landscape. As it prepares to embark on this next phase, the anticipation surrounding its progress continues to grow, urging stakeholders to keep a watchful eye on this promising company’s endeavors.