[Press] Cloocus Selects NH Investment & Securities and Hana Securities as Joint Lead Underwriters for IPO

December 11, 2025 – SEOUL – Cloocus (CEO: Steve Hong, www.cloocus.com), a cloud company specializing in Data and Artificial Intelligence (AI), announced that it has selected NH Investment & Securities and Hana Securities as its joint lead underwriters for its initial public offering (IPO). This decision follows a two-month evaluation process after issuing an RFP in late September. With the appointment finalized, the company will accelerate its IPO preparations alongside its global AI MSP expansion.

Cloocus was recently named a Global Finalist at the Microsoft Partner of the Year Awards, further solidifying its position as Korea’s leading AI MSP. The company has built a strong foundation across diverse industries with major enterprise clients such as Samsung Electronics, Samsung C&T, Hyundai Motor Group, Krafton, Pearl Abyss, and SangSangin Savings Bank. Cloocus currently serves more than 2,500 customers and operates subsidiaries in three overseas markets— the United States, Japan, and Malaysia — in addition to Korea.

At the core of its service innovation, Cloocus is advancing its managed service model through its AI agent–powered multi-cloud management platform, ClooSphere. Moving beyond traditional infrastructure operations, the company has been establishing a next-generation MSP model centered on AI, data, and security. Funds raised through the IPO will be invested in:

• Expanding the Global Tech Center
• Enhancing the ClooSphere platform
• Strengthening industry-specific solution offerings

As global enterprises face increasingly complex IT environments, Cloocus is restructuring its service architecture around AI-driven predictive and automated operations, strengthened multi-cloud security, and a 24×365 global operations model. These capabilities enable the company to deliver integrated value across operational stability, security, data insights, and cost optimization — forming the foundation of a comprehensive AI MSP framework.

Global expansion is also gaining momentum. Cloocus recently completed the establishment of its Japan subsidiary and is reinforcing its local sales and partnership capabilities to meet rising demand for AI and cloud services. In Malaysia, the company is proactively responding to growing MSP and AI service needs following the opening of Microsoft’s Malaysia Data Center Region in May 2025. In the U.S., Cloocus is focusing on identifying transition opportunities for SMB and enterprise customers through AI-driven operational models.

“Our growth has always been driven by technology,” said Steve Hong, CEO of Cloocus. “We are now at a pivotal moment to advance our global expansion. Through the IPO, we will secure the necessary growth capital and bring our cloud, data, and security expertise to the global market with greater intensity.”

Cloocus will proceed with the IPO process in collaboration with its underwriters, including the preliminary review filing and securities registration. The company is targeting a listing in 2027.