Krafton's 2-day IPO subscription period for retail investors starts Monday
Updated: 2021-08-02 08:50:34 KST
Retail investors can now bid for shares in one of South Korea's biggest game makers,… Krafton.
The public subscription for the game developer behind global blockbuster 'PlayerUnknown's Battlegrounds' opened for two days at 10 AM Monday.
Ahead of its debut on the benchmark KOSPI next Tuesday, Krafton has priced some 5.6 million new shares at around 432 U.S. dollars each.
To reserve a single share, investors have to deposit at least half the price of 10 shares.
Krafton's regulatory filings said the IPO would raise about 3.7 billion dollars,… making it the second largest IPO in the country.