Kakao Games to raise 209.1 bln won via stock sale
Industry
11:35 November 01, 2021
SEOUL, Nov. 1 (Yonhap) -- Kakao Games Corp.on Monday announced that it will sell stocks to raise 209.1 billion won(US$177.8 million). The proceeds from the stock offering will be used primarily to finance stock acquisition.
According to a regulatory filing, the company will issue some 2.71 million common shares at a price of 77,100 won per share. The stocks will be sold to the investors that the firm designated.
(END)
Keywords
Latest News
Business
News Focus
Business
-
(News Focus) No parcel day: Why S. Korean delivery workers are taking a day off on Aug. 14
-
Advertising controversy grips S. Korean mukbang YouTubers
-
Seoul's last-ditch home supply plan still in doubt over its viability
-
Korean foodmakers ramp up overseas push amid COVID-19 pandemic
-
Bumpy road lies ahead for Samsung, even after heir avoids detention