MCI - IPO roundup: SLRA OS and more
2024-07-01 11:45:49 ET
The IPO market is off to a slow start in July, though some small issuers may join the calendar throughout the week. Last week wrapped up with a mixed bag of performers, web comic platform WEBTOON Entertainment ( NASDAQ: WBTN ) priced at the high end, raising $315M at a $2.8B market cap. Originating from South Korean internet giant NAVER, WEBTOON has captivated around 170M monthly active users with its unique digital storytelling approach and made a successful debut, finishing up 9%. Another notable IPO, oil land acquirer LandBridge ( NYSE: LB ), priced below the range to raise $247M at a $1.2B market cap. Despite being slightly leveraged post-IPO, LandBridge still managed a strong first-day pop, closing up a significant 36%. ...
IPO roundup: SLRA, OS, and more