Overview

• Webtoon Entertainment raised $315 million by pricing 15 million shares at $21 each.
• The company's stock opened at $21.30 and reached as high as $24 during its first trading day.
• Webtoon has 170 million monthly active users across more than 150 countries.
• The platform offers a wide range of genres including fantasy, romance, and horror.
• Webtoon is backed by South Korean tech giant Naver and includes popular apps like Line Manga and Wattpad.