WEBTOON Entertainment prices IPO at $21/share, raising ~$315M; shares to trade on Nasdaq as WBTN

WEBTOON Entertainment Inc.

IPO of 15M shares priced at $21.00, gross proceeds ~$315M; underwriters have 30-day option for 2.25M additional shares.
Private placement of 2,380,952 shares to NAVER U.Hub at $21.00 for ~$50M in additional proceeds.
Shares begin trading on Nasdaq Global Select Market on June 27, 2024 under ticker 'WBTN'; offering closed June 28, 2024.
Lead bookrunners: Goldman Sachs & Co. LLC and Morgan Stanley; co-managers include Raymond James and LionTree.

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