Kakao Games to raise 240 billion won via stock sale
Published: 25 Mar. 2026, 09:26
![The Kakao logo is seen at the tech firm's Pangyo office in Seongnam, Gyeonggi, on Nov. 22, 2023. [YONHAP]](https://koreaseafood.online/data/photo/2026/03/25/eab2877d-ccb1-4826-ab38-00ec26cea08b.jpg)
The Kakao logo is seen at the tech firm's Pangyo office in Seongnam, Gyeonggi, on Nov. 22, 2023. [YONHAP]
Kakao Games, the game publishing unit of Korean tech giant Kakao, on Wednesday announced that it will sell stock to raise 240 billion won ($160.3 million). The proceeds from the stock offering will be used primarily to finance its operations.
According to a regulatory filing, the company will issue some 17.45 million common shares for 13,747 won per share. The stock will be sold to investors that the firm has designated.
Yonhap
with the Korea JoongAng Daily
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