S.Korean regulator tells Ant-backed Kakao Pay to revise IPO prospectus

S.Korean regulator tells Ant-backed Kakao Pay to revise IPO prospectus

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-kakao-pay-ipo/s-korean-regulator-tells-ant-backed-kakao-pay-to-revise-ipo-prospectus-idUSKBN2EM0YP

South Korea's financial regulator asked fintech company Kakao Pay on Friday to revise its prospectus to raise up to 1.6 trillion won ($1.4 billion) in an August listing, a move analysts said would delay the initial public offering (IPO).