SEOUL, Sept. 24 (Korea Bizwire) — Big Hit Entertainment, the management agency for K-pop super group BTS, was to start demand forecasting for domestic and overseas institutions Thursday in the runup to its initial public offering (IPO). Big Hit Entertainment will determine the initial offering price following the two-day forecasting session as one of the [...]
REDWOOD CITY, Calif., Sept. 16 (Korea Bizwire) — Sumo Logic, Inc. (“Sumo Logic”) today announced the pricing of its initial public offering of 14,800,000 shares of its common stock at a price of $22.00 per share. All of the shares are being offered by Sumo Logic. The shares are expected to begin trading on the [...]
SEOUL, Sept. 2 (Korea Bizwire) — South Korean gaming company Kakao Games Corp. set a record subscription rate and deposits for new shares from retail investors Wednesday, heralding the country’s most popular initial public offering (IPO). Three IPO managers said Kakao Games shares were oversubscribed by 1,524.85 times by general investors as of 4 p.m., [...]
REDWOOD CITY, Calif., Aug. 24 (Korea Bizwire) — Sumo Logic, Inc. (“Sumo Logic”) today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The number of shares to be offered and the [...]
SEOUL, Sept. 30 (Korea Bizwire) — South Korea’s initial public offering (IPO) market is expected to gather ground in the fourth quarter as several large companies are seeking to make debuts on the local stock market, an industry source said Monday, although investors remained bearish on stocks. About 10 companies have applied or plan to [...]
NOVA LIMA, Brazil, Jul. 23 (Korea Bizwire) — Afya Limited, or Afya (Nasdaq: AFYA) today announced the closing of its initial public offering of 15,805,841 Class A common shares at a public offering price of $19.00 per share. Afya issued and sold 13,888,887 shares of Class A common shares, which includes the full exercise of [...]
NEW YORK, Jul. 18 (Korea Bizwire) — Afya Limited (“Afya”) today announced the pricing of its initial public offering of 13,744,210 Class A common shares at a public offering price of $19.00 per share. Afya is issuing and selling 11,827,256 shares of Class A common shares and certain selling shareholders are selling an additional 1,916,954 [...]
SEOUL, Jan. 7 (Korea Bizwire) — South Korea’s initial public offering (IPO) market is widely expected to gather ground sharply in 2019 as several large companies are seeking to sell shares for the first time, industry sources said Monday. The market is projected to reach up to 10 trillion won (US$8.9 billion) this year, compared [...]
SHANGHAI, Jul. 26 (Korea Bizwire) — Pinduoduo Inc. (“Pinduoduo” or the “Company”) (NASDAQ:PDD), an innovative and fast growing “new e-commerce” platform and one of the leading Chinese e-commerce players, today announced the pricing of its initial public offering of 85,600,000 American Depositary Shares (“ADSs”) (equivalent of 342,400,000 Class A ordinary shares) at a price of [...]
SEOUL, March 22 (Korea Bizwire) – Aekyung Industrial Co., a South Korean household goods and cosmetics maker, debuted on the Seoul bourse Thursday, trading above its initial public offering (IPO) price. Shares of Aekyung Industrial were trading at 30,950 won (US$29) as of 11:20 a.m., slightly above the IPO price of 29,100 won. Its market capitalization was 811 billion won. The company said it aims to [...]