---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-173353"
form_type: "8-K"
ticker: "WBTN"
cik: "0001997859"
company_name: "WEBTOON Entertainment Inc."
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-06-01T00:15:14.807544+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-173353
- form_type: 8-K
- ticker: WBTN
- cik: 0001997859
- company_name: WEBTOON Entertainment Inc.
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1997859/000119312524173353/0001193125-24-173353-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1997859/000119312524173353/d841371d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-173353
- JSON: https://secwatch.observer/filing/0001193125-24-173353.json
- Plain text: https://secwatch.observer/filing/0001193125-24-173353.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.