bearish

LG CNS

LG CNS IPO Lockup Expiry - US$1.1bn Release, with PE Well in the Money

542 Views30 Jul 2025 09:48
LG CNS (064400 KS) raised around US$825m in its Korea IPO in February 2025. LG CNS is a South Korean information technology company. In this note, we look at the upcoming lockup expiry.
What is covered in the Full Insight:
  • Introduction and Background
  • IPO Recap
  • Lock-up Dynamics
  • Recent Financial Performance
  • Concluding Thoughts
Boomeranged on Wed, 6 Aug 2025 00:45
There was a US$250m placement in LG CNS after market close, with Macquaire having sold nearly a quarter of its stake right after lockup expiry.
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