Odin developers: Valhalla Rising are preparing to enter the stock exchange
Lionheart Studios has announced that it will hold an IPO in November. It will be held on the South Korean KOSDAQ exchange. As the studio hopes, during the initial placement it will be able to attract 4.1-6 billion rubles, or about $2.8-4.4 million.
UPDATE: the company plans to raise up to ₩604.2 billion. At the current exchange rate, this is $422 million.
Lionheart Studios was founded in 2018. The studio is known primarily for the Scandinavian MMORPG ODIN: Valhalla Rising, which earned $ 600 million by August 2022 (then a little more than a year has passed since the release of the game).
