ECM Weekly (9th Oct 2022) - CALB, Socionext, Betagro, Country Style, I-Tail, Lionheart, Kakao Pay
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
350 Views
Kakao Pay Placement Lockup Expiry - Alipay Is Soon Going to Be Free to Shed Its US$1.6bn Stake
In early Jun 2022, Alipay raised around US$386m via selling 3.3% of outstanding shares of Kakao Pay (377300 KS). That was the first selldown by...
372 Views
Ridi: A Leading Webtoon & E-Book Service Unicorn in Korea Backed by GIC
Ridi is a leading webcomic, digital novels, and e-book provider in Korea. In March 2022, Ridi raised $99.4 million in a funding led by GIC at a...
250 Views
Messed up Korea IPO Pipeline and Unexpected Beneficiaries
This post investigates Korea's messed-up IPO pipeline situation and discusses who will be unexpected beneficiaries after the SOCAR bookbuilding...
389 Views
WCP IPO - The Positives - Past Sales Have Been Very Strong
WCP aims to raise around US$690m via selling a mix of primary and secondary shares in its Korean IPO. In this note, we talk about the positive...
330 Views