Big Hit Entertainment has finally set the share price they will offer at the IPO. As previously reported, Big Hit Entertainment company is planning to do an IPO or go public in October.
Before their shares began to be sold to the public, Big Hit Entertainment has now announced that their initial shares will be sold for 135 thousand Won.
This decision was made based on the results of the book building process which took place on September 24th and 25th. Because this is the highest value from the 105 thousand Won to 135 thousand Won price range suggested by Big Hit Entertainment, the total amount will reach 962.6 billion Won.
In conjunction with the launch of Big Hit Entertainment's shares to the public, BTS plans to carry out a comeback on November 20th, 2020. The label BELIF+, which was founded by Big Hit Entertainment and CJ ENM, also plans to debut the rookie boy group ENHYPEN at the end of this year. (www.onkpop.com)
Before their shares began to be sold to the public, Big Hit Entertainment has now announced that their initial shares will be sold for 135 thousand Won.
This decision was made based on the results of the book building process which took place on September 24th and 25th. Because this is the highest value from the 105 thousand Won to 135 thousand Won price range suggested by Big Hit Entertainment, the total amount will reach 962.6 billion Won.
In conjunction with the launch of Big Hit Entertainment's shares to the public, BTS plans to carry out a comeback on November 20th, 2020. The label BELIF+, which was founded by Big Hit Entertainment and CJ ENM, also plans to debut the rookie boy group ENHYPEN at the end of this year. (www.onkpop.com)
