South Korea's IPO market is entering a crowded mid-August stretch with six key deals between August 11 and 21, even as first-half 2026 listing activity fell sharply. Korea Exchange data released on the 12th showed 17 new KOSPI and KOSDAQ listings excluding SPACs in H1 2026, down from 38 a year earlier, while proceeds fell to 1.1 trillion won from 2.2 trillion won. Against that backdrop, Delicious is due to list on August 12 after pricing at 7,000 won, the top of its range, and KNS Inc. is set to debut on August 13, though some outlets report August 14, after pricing at 11,000 won. Gido Industrial, Hatchtech and Nearthlab are taking retail orders in the same week, and Sky Labs begins institutional bookbuilding on August 14-21. Analysts say supply is recovering after July clarification of dual-listing guidelines, but institutional investors have become more selective as equity volatility and mega-cap concentration make fair valuations harder to establish.