QUICK IPO subscription opens October 9, 12, and 14; founders lock up 100% of shares

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Summary · why it matters

Quick Transformation, or QUICK, plans to offer 32 million IPO shares, representing 31.37%, at 5.65 baht per share. Subscription opens on October 9, 12, and 14, 2026, with trading expected to begin on the Market for Alternative Investment (mai) under the technology industry group on October 21, 2026. Asia Plus Securities is the lead underwriter and distributor, together with KGI Securities (Thailand) and BYDH Securities. Paisan Saelee, Chief Executive Officer, said the listing is a key step in elevating QUICK toward growth after more than 20 years of doing business and developing technology with customers. Yodrudee Santatikul, Executive Director and Head of Capital Markets at Asia Plus Securities, said the existing shareholder group, made up of the company's executives, has voluntarily committed all of the remaining existing shares beyond the Silent Period requirement set by the Stock Exchange of Thailand, totaling 13.90 million shares, or 13.63%, to a six-month lock-up. This raises the total restricted share proportion to 68.63%, or 100% of the existing shares after the IPO. Under the exchange's standard rules, existing shareholders' shares equal to 55% of paid-up capital after the IPO would be subject to a one-year lock-up, with 25% gradually released after six months and the remainder after one year. The company is raising 164 million baht to further research and development of new products, develop personnel, make strategic investments, and for working capital. For the first half of 2026, revenue was 166.81 million baht, up 27.10% from the same period last year, with net profit of 34.22 million baht, up 105.10%, and a net profit margin of 20.51%.

Impact on assets 2

Financials▲
Asia Plus Group Holdings PCL
ASP
▲ PositiveCapitalrelevance

Asia Plus Securities is the lead underwriter and distributor of QUICK's 32-million-share IPO, a fee-generating mandate.

Off-coverage companies 1

Quick Transformation Public Company Limitedi
Private▲ PositiveCapitalrelevance

QUICK is the IPO subject, raising 164 million baht for R&D, personnel, strategic investments and working capital, with H1 2026 net profit up 105.10%.