WEBTOON Entertainment Announces Launch of Initial Public Offering Roadshow
2024年6月17日 - 9:14PM
ビジネスワイヤ(英語)
WEBTOON Entertainment Inc. (“WEBTOON” or the “Company”), a
leading global entertainment company and home to some of the
world’s largest storytelling platforms, today announced that it has
launched the roadshow for the initial public offering of its common
stock. WEBTOON is offering 15,000,000 of its common stock.
The initial public offering price is expected to be between $18
and $21 per share. WEBTOON also intends to grant the underwriters a
30-day option to purchase up to an additional 2,250,000 shares of
common stock.
WEBTOON has applied to list its common stock on the Nasdaq
Global Select Market under the ticker symbol “WBTN”.
Goldman Sachs & Co. LLC and Morgan Stanley are acting as
lead bookrunning managers for the proposed offering. J.P. Morgan
and Evercore ISI are acting as active bookrunning managers for the
proposed offering. Deutsche Bank Securities, UBS Investment Bank
and HSBC are acting as joint bookrunning managers. Raymond James
and LionTree are acting as co-managers.
The proposed offering will be made only by means of a
prospectus. A copy of the preliminary prospectus relating to the
proposed offering, when available, may be obtained by visiting
EDGAR on the website of the Securities and Exchange Commission (the
“SEC”) at www.sec.gov, or from any of the following sources:
- Goldman Sachs & Co. LLC, Attention: Prospectus Department,
200 West Street, New York, NY 10282, by telephone at 1-866-471-2526
or by email at prospectus-ny@ny.email.gs.com
- Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180
Varick Street, 2nd Floor, New York, NY 10014 or by email at
prospectus@morganstanley.com
- J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, NY 11717, or by email at
prospectus-eq_fi@jpmchase.com and
postsalemanualrequests@broadridge.com
- Evercore Group L.L.C., Attn: Equity Capital Markets, 55 East
52nd Street, 35th Floor, New York, NY 10055, by telephone at (888)
474-0200, or by email at ecm.prospectus@evercore.com
A registration statement relating to these securities has been
filed with the SEC but has not yet become effective. These
securities may not be sold, nor may offers to buy be accepted,
prior to the time the registration statement becomes effective.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities, and shall not
constitute an offer, solicitation or sale in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of that
jurisdiction. Any offers, solicitations or offers to buy, or any
sales of securities will be made in accordance with the
registration requirements of the Securities Act of 1933, as
amended. The offering is subject to market and other conditions and
the completion of the SEC’s review process.
About WEBTOON
Entertainment
WEBTOON Entertainment is a leading global entertainment company
and home to some of the world’s largest storytelling platforms. As
the global leader and pioneer of the mobile webcomic format,
WEBTOON Entertainment has transformed comics and visual
storytelling for fans and creators.
With its CANVAS UGC platform empowering anyone to become a
creator, and a growing roster of superstar WEBTOON Originals
creators and series, WEBTOON Entertainment’s passionate fandoms are
the new face of pop culture. WEBTOON adaptations are available on
Netflix, Prime Video, Crunchyroll, and other screens around the
world, and the company’s content partners include Discord, HYBE and
DC Comics, among many others.
With approximately 170 million monthly active users (as of the
quarter ended March 31, 2024), WEBTOON Entertainment’s IP &
Creator Ecosystem of aligned companies include WEBTOON,
Wattpad--the world’s leading webnovel platform--Wattpad WEBTOON
Studios, Studio N, Studio LICO, WEBTOON Unscrolled, LINE MANGA, and
eBookJapan, among others.
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version on businesswire.com: https://www.businesswire.com/news/home/20240614177810/en/
Edelman Smithfield for WEBTOON Hunter Stenback &
Ashley Firlan webtoonIR@edelmansmithfield.com
WEBTOON Entertainment – Press
webtoonpress@webtoon.com