Webtoon Entertainment prices US IPO at top of range to raise about $315 million
- Webtoon Entertainment has priced its initial public offering at the top of its indicated range, seeking to raise about $315 million, the online comics platform said on Wednesday.
Webtoon was founded in 2005 as a side project of CEO Junkoo Kim while he was working as a search engineer at Naver. Webtoon's shares are expected to being trading on the Nasdaq Global Select Market on June 27 under the symbol"WBTN".Scan QR code to install app
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