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SEOUL, South Korea, July 16, 2025 /PRNewswire/ -- AUTOCRYPT, a leading global provider of automotive software and cybersecurity solutions, announced its official listing on the KOSDAQ market of the Korean Exchange (KRX) on July 15th, 2025. The listing is expected to enhance AUTOCRYPT's global visibility, secure growth capital and strengthen trust with global industry leaders.
Founded in 2019, AUTOCRYPT has rapidly expanded its global footprint, establishing partnerships with 21 leading automotive OEMs. The company provides end-to-end security for both in-vehicle and external communications, and is expanding into adjacent sectors such as agricultural equipment, construction machinery and robotics, in line with the Cyber Resilience Act (CRA), which mandates cybersecurity for all digitally connected products.
A total of KRW 5.41 trillion (approximately USD 3.9 billion) in margin deposits were pledged by retail investors to participate in the initial public offering. Meanwhile 2,403 institutions took part in the demand forecast, resulting in an oversubscription ratio of 995 to 1. The final offering price was set at KRW 22,000 (USD 16), the upper limit of the initial price range.
Seokwoo Lee, Founder and CEO of AUTOCRYPT, expressed appreciation for the strong investor interest, stating "The market's response reflects confidence in our proprietary technology and long-term vision. We will continue to invest in research and development, while deepening collaboration with global partners." He added, "As regulatory demands grow and software-defined vehicles (SDVs) become more prevalent, we are expanding our lineup of cybersecurity tools to better support customers navigating the evolving mobility landscape."
In H2 of 2025 the company plans on expanding its global pipeline and solidify its position as a global leader in automotive cybersecurity through the execution of international projects and strategic partnerships.
About Autocrypt Co., Ltd.
AUTOCRYPT is the leading player in automotive cybersecurity and smart mobility technologies. It specializes in the development and integration of security software and solutions for in-vehicle systems, V2X communications, Plug&Charge, and fleet management, paving the way towards a secure and reliable C-ITS ecosystem in the age of software-defined vehicles. Its comprehensive suite of automotive cybersecurity testing services and platforms includes the award-winning AutoCrypt CSTP, which supports automotive OEMs and suppliers in meeting regulatory standards ilke ISO/SAE 21434, UNECE WP.29 UN R155, as well as other emerging global standards.