Voronoi

Voronoi: Reduces IPO Price Range by 25%

Equity Capital Markets
415 Views, 14 May 2022 01:39
EXECUTIVE SUMMARY
  • 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.
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Douglas Kim
Korea/Asia, New Economy, IPOs, Events
South KoreaEquity Bottom-UpEquity Capital Markets

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following se... 

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