ECM Weekly (10th June 2024) - Webtoon, Shift Up, QuantumPharm, Guzman, Kakaopay, Telix, Yankuang
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
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Webtoon Entertainment Pre-IPO - The Negatives - Korea Revenue Declined, JP Acquisition to the Rescue
Webtoon Entertainment (WBTN US) is looking to raise up to US$500m in its US IPO. In this note, we talk about the not-so-positive aspects of the deal.
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Webtoon Entertainment Pre-IPO - The Positives - Just Turned Profitable
Webtoon Entertainment (WBTN US) is looking to raise up to US$500m in its US IPO. In this note, we talk about the positive aspects of the deal.
332 Views
Kakao Pay Lockup Expiry - US$1bn Overhang from Alipay
Alipay will come out of its placement linked lockup for its remaining stake in Kakaopay (377300 KS) today. Alipay will once again be free to...
394 Views
Shift Up IPO - The Negatives - Changing Monetisation Model, Censorship Issues
Shift Up (462870 KS) plans to raise up to US$320m in its upcoming South Korean IPO. In this note, we talk about the not-so-positive aspects of the...
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