Webtoon Entertainment IPO Price Indicating $21/Share; IPO Priced At $21/Share On 15M Shares
Portfolio Pulse from Benzinga Newsdesk
Webtoon Entertainment has set its IPO price at $21 per share, with 15 million shares being offered.
June 27, 2024 | 3:30 pm
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Webtoon Entertainment has priced its IPO at $21 per share, offering 15 million shares. This sets the stage for its market debut and could attract significant investor interest.
The IPO pricing at $21 per share indicates a strong valuation for Webtoon Entertainment. The offering of 15 million shares suggests a significant capital raise, which could be used for growth and expansion. This news is likely to generate investor interest and potentially drive the stock price up in the short term.
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