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Withdrawal of Lion Heart Studio, Securities Report

Lion Heart Studio (CEO Jae-young Kim) announced on the 13th a withdrawal report on the submission of a securities report. In the current market situation, it is difficult to properly evaluate the value of Lion Heart Studio. Lion Heart Studio is a developer of 'Odin: Valor Rising'.

On September 30, Lion Heart passed the NASDAQ listing preliminary screening. Lion Heart Studio, which Lion Heart Studios, which are hosted by listed by Korea Investment & Securities, JP Morgan, NH Investment & Securities, and Goldman Sachs Securities, are 410.4 billion won to 604.2 billion won, and the priced issue of 36,000 to 53,000 It was a circle. Based on this, if the total number of listed shares is calculated, the value of the company ranges from 3.56 trillion won to 4.49 trillion won.

Ninja Initially, Lion Heart Studio planned to be listed within the year. To this end, the Lion Heart Studio was scheduled to proceed on November 7-8 after confirming the public offering price from October 28-31.

An official of Lion Heart Studio said, We have submitted a withdrawal report in consultation with co-representative companies and co-hosts in consideration of all conditions such as domestic and international situations that are difficult to properly evaluate the company's value. If the back is reorganized, I plan to guide the details by submitting a securities report. The official emphasized that Lion Heart Studio continues to promote IPO.


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