[South Korean AI Startup Wrtn Selects Lead Underwriter for IPO, Plans to Apply for Preliminary Listing Review Next Year] According to Deep Tide TechFlow, on September 23, Wrtn Technologies, one of South Korea's fastest-growing artificial intelligence startups, has selected Mirae Asset Securities as the lead underwriter to prepare for its IPO. A statement released by Wrtn on Wednesday noted that NH Investment & Securities will serve as a co-underwriter. The company plans to apply for a preliminary listing review next year. Wrtn operates an application that allows users to work with various AI models. In August this year, the company announced the completion of a Series C funding round of approximately 100 billion KRW (around $88.5 million), bringing its valuation to about 1.2 trillion KRW (approximately $885 million) and its total funding to roughly 230 billion KRW. This IPO could provide a boost to South Korea's sluggish IPO market, which has failed to benefit from the record-breaking rally of the KOSPI index. In 2026, IPO fundraising in the Seoul market amounted to about $1.1 billion, compared to over $3 billion annually in the previous three years. (Jin10)