NetMarble, the Korean company known mostly in the United States as the publisher of Marvel Future Fight, is laying the groundwork to go public on the Korean stock market in the next few months.
According to the Korea Herald, Netmarble applied today for a mandatory regulatory review session expected to take up to 45 days, meaning its initial public offering could come as early as January of 2017.
The Herald states that Netmarble is currently valued at $9 billion (10 trillion won in Korea).
An initial public offering could drive Netmarble to increase its financial web across United States and Korean companies. It invested $130 million into US publisher Jam City (née SGN) earlier this year, and both Tencent and NCSoft have poured money into the company over the last few years.
No tags.
