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Daily Brief Private Markets: Lionheart: Over Dependence on One-Single Game and more

In today’s briefing:

  • Lionheart: Over Dependence on One-Single Game

Lionheart: Over Dependence on One-Single Game

By Shifara Samsudeen, ACMA, CGMA

  • Founded in 2018, Lionheart Studio (426630 KS) is a South Korean multiplayer online role-playing games developer for mobiles and PCs.
  • The company’s game Odin: Valhalla Rising was based on Nordic mythology and was a huge success. Lionheart is planning to add more expansions to Odin.
  • The company tried to go public in October 2022 on KOSDAQ however, it cancelled its listing plans due to negative market sentiments at the time.   

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