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Big Hit Entertainment prepares for its debut on stock market

2020-09-21 1 Dailymotion

드디어 'BTS' 빅히트가 온다…24~25일 기관수요예측 IPO 절차 돌입<br /><br />The company behind K-pop superstars BTS is preparing for an initial public offering on South Korea's largest stock market.<br />Before Big Hit Entertainment debuts in mid-October, the book building procedure for institutional investors will be held from Thursday to Friday.<br />Retail investors will be able to put in pre-order deposits for a public subscription from October 5th to 6th.<br />Big Hit plans to offer stocks at an indicative price range of 90 to 116 U.S. dollars a share.<br />This would make the company's market cap more than four billion dollars.<br />That would make it one of the top 50 market caps on the benchmark KOSPI. <br />

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