Kakao Games gauges investor appetite for W384bn IPO

South Korea’s Kakao Games began a two-day price discovery process for its IPO on Wednesday, seeking investor feedback for its deal.
The game developer, a subsidiary of Kakao Corp, is testing the waters with an initial range of W20,000 ($18.55) to W24,000 per share for its float of 16m primary shares, meaning it could raise up to W384bn from the sale.
The issuer plans to list on the ...Already a subscriber? Login