'Odin' Lion Heart, which passed the preliminary screening, one step

After the development of 'Odin: Valor Rising (Odin)', the Lion Heart Studio's preliminary screening of NASDAQ was passed.

The Korea Exchange announced on the 29th that the preliminary screening of Lion Heart Studio was passed. Lion Heart will list 8,490,1600 shares, with a total of 11.4 million shares.

Lion Heart Studio, which is held by Korea Investment & Securities, JP Morgan, NH Investment & Securities, and Goldman Sachs Securities, participated in the listed. It turned out to be 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. This is the largest company that is currently ready to list NASDAQ.

Lion Heart Studio is a game developer founded in 2018 by Kim Jae-young, who won the Korean game award for 'Blade'. Odin, which was introduced since its establishment, has been named to the top of the app market since Aka Games has been in service and launch. Since the announcement of the company's public plan, it has been evaluated as the largest market in the second half of this year.

Aka Games, along with the service contract of the game, acquired about 30%of the Aka Games in 2021, and an additional stake was acquired in the middle of this year. The Aka Games has 54.94%of the total stake.

Lion Heart Studio's listing preliminary screening is passed in September, and listing is also available within the year. However, the only game risk that occurs because the only game in service is Odin, the issuer may be different from the estimated by the game risk and the game.