Daily BriefsIPOs and Placements

Equity Capital Markets: Voronoi and more

In today’s briefing:

  • Voronoi: Reduces IPO Price Range by 25%

Voronoi: Reduces IPO Price Range by 25%

By Douglas Kim

  • Voronoi is trying again to complete its IPO in Korea after lowering its IPO price range by 25% to 40,000 won to 46,000 won.
  • The IPO base deal size is from $41 million to $47 million. Expected market cap is from 536 billion won to 616 billion won.
  • Voronoi is developing treatments for tumors, degenerative brain diseases, and autoimmune diseases. The total amount of accumulated milestones for three global technology exports is $1.79 billion.

Before it’s here, it’s on Smartkarma