South Korean AI disaster prevention software company Roze AI (ROZE.US) files to list on NASDAQ for direct listing.

Roze AI, a South Korea-based artificial intelligence disaster prevention and firefighting safety software company, has submitted a stock registration application to the U.S. Securities and Exchange Commission (SEC) on Monday, with plans to directly list on the Nasdaq. The common stock to be listed will be sold by existing shareholders; Roze AI will not raise new funds through the listing. The company did not disclose the expected listing time. The registered shareholders plan to sell up to 19.2 million shares of stock. Roze AI previously raised $7 million through a pre-listing private placement, selling 875,000 shares of Class C preferred stock at $8 per share. Based on this price, the company's market value will reach $933 million. Roze AI is a South Korea-based disaster prevention technology company that has developed an artificial intelligence fire detection and prevention platform called DAP (Disaster Artificial Intelligence Platform). This platform combines wireless IoT sensors, AI data analysis, and digital twin simulation technology to detect, extinguish, and transmit alerts for fire incidents at an early stage. DAP has been deployed in government agencies, military bases, and power plants in South Korea. The company is also developing a proprietary System-on-Chip (SoC) aimed at real-time processing of fire and disaster data, with plans to supply it to a wider market of disaster prevention solutions. The company, headquartered in Seongnam City, South Korea, was founded in 2015 and plans to list on the Nasdaq under the stock symbol ROZE. Since this listing is a direct listing without underwriters, RBW Capital Partners will serve as the financial advisor.