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The Korean publisher hopes to be rolling in cash as it gets ready for an initial public offering on the Korean stock market.

Bryant Francis, Senior Editor

September 30, 2016

1 Min Read

NetMarble, the Korean company known mostly in the United States as the publisher of Marvel Future Fight, is laying the groundwork to go public on the Korean stock market in the next few months. 

According to the Korea Herald, Netmarble applied today for a mandatory regulatory review session expected to take up to 45 days, meaning its initial public offering could come as early as January of 2017.

The Herald states that Netmarble is currently valued at $9 billion (10 trillion won in Korea).

An initial public offering could drive Netmarble to increase its financial web across United States and Korean companies. It invested $130 million into US publisher Jam City (née SGN) earlier this year, and both Tencent and NCSoft have poured money into the company over the last few years. 

About the Author(s)

Bryant Francis

Senior Editor, GameDeveloper.com

Bryant Francis is a writer, journalist, and narrative designer based in Boston, MA. He currently writes for Game Developer, a leading B2B publication for the video game industry. His credits include Proxy Studios' upcoming 4X strategy game Zephon and Amplitude Studio's 2017 game Endless Space 2.

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