Kakao Mobility Pursues US IPO, Seeks to Raise $1 Bil.
4 Articles
4 Articles
Kakao Mobility has submitted a draft of its initial public offering (IPO) registration statement to the SEC for a listing on the U.S. stock market. The listing, reportedly valued at approximately $1 billion, is being led by global investment banks, and the company is proceeding with specific procedures with the goal of listing within the year following SEC review.
Kakao Mobility eyes Nasdaq listing worth up to $1B to give TPG its exit
Kakao Mobility's Nasdaq listing highlights the growing trend of international tech firms seeking US markets for strategic investor exits. The post Kakao Mobility eyes Nasdaq listing worth up to $1B to give TPG its exit appeared first on Crypto Briefing.
[Digital Daily Reporter Chae Seong-oh] It is reported that Kakao Mobility's process for listing on the U.S. stock market has moved beyond a mere feasibility study and entered the actual procedure. This follows reports that the company has submitted a draft non-disclosure filing to the U.S. Securities and Exchange Commission (SEC), after undergoing a re-audit of financial statements, selecting a global investment bank (IB), and obtaining board ap…
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