SEOUL -- Game developer Krafton has confirmed its initial public offering price at the top of its suggested range, paving the way for it to become South Korea's second-biggest IPO.
Krafton, best known for its battle royale game PlayerUnknown's Battlegrounds, or PUBG, said Thursday that it would offer 8.7 million shares at 498,000 won ($434) per share, as 95% of institutional investors were willing to buy the stock at that price or higher.
