- Korea’s Big Hit Entertainment, which manages K-pop idol band BTS, priced its upcoming IPO at the top of its anticipated range and was swamped by investor demand.
- The offering, which priced at 135,000 won ($115) a share, was 1,117 times oversubscribed, according to a regulatory filing on Monday.
- Big Hit will list on Seoul’s KOSPI index in early October
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Big Hit Entertainment, the agency behind South Korean boyband BTS, has priced its upcoming initial public offering at the top of its anticipated range, having been flooded with prospective investors on Monday.
The company, headed by CEO Bang Si Hyuk, priced its upcoming initial public offering (IPO) at the very top of its indicative range of 105,000-135,000 won ($115) a share, it said in a regulatory filing on