Can I see the KOSDAQ venture fund allocation in IPO disclosures?

Yes. When the financial authorities improved IPO share allocation in 2020, they required the securities registration statement to state the allocation for each investor type, such as institutional investors, retail subscribers and members of the employee stock ownership association, together with the subscription and allocation methods.

For a KOSDAQ IPO, you can check the shares to be allocated to venture company investment trusts (KOSDAQ venture funds) in the securities registration statement and prospectus, which are available on the Financial Supervisory Service's electronic disclosure system (DART).