We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Gaming Giant Netmarble Seeks Largest Korean IPO Since 2010

Law360, New York (March 20, 2017, 3:56 PM EDT) -- South Korean mobile gaming giant Netmarble Games Corp. told regulators Monday it plans to raise up to 2.7 trillion won ($2.4 billion) in an initial public offering, a deal that could mark the country's largest IPO since 2010.

Seoul-based Netmarble is seeking to sell 17 million shares priced between 121,000 and 157,000 won ($109 to $141) each, according to a filing with Korean securities regulators. That's about 20 percent of the company's total share capital.

If shares price at the high end, Netmarble would net about...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.