Seoul-based Netmarble, one of the world’s top mobile and PC gaming publishers, has filed to raise up to US$2.35 billion (2.66 trillion won) in South Korea’s biggest IPO since 2010, according to TechCrunch. The firm said in a local filing that it’s issuing 16,953,612 shares priced between 121,000-157,000 won each or about US$108-US$140 per share. The stated price range would give Netmarble a valuation just short of US$12 billion.
Photo: Reuters, Kim Hong-Ji
Game publisher Netmarble files Korea’s biggest IPO since 2010
The company filed to raise up to US$2.35 billion