As talked about just some days in the past, Korean developer Lionheart Studio was getting ready its IPO submitting and be listed in Korea. However, issues have modified massively since then, with the corporate retracting its submission citing “difficulty in properly evaluating the value of Lionheart Studio in the current market situation.” As some analysts identified, it presently solely has one sport in service in 2 areas (Korea, Taiwan), therefore making the itemizing a dangerous prospect.
On a extra optimistic word, Lionheart Studio is aiming to file for IPO once more as soon as the monetary local weather is healthier and a extra correct analysis of the corporate will be supplied. It remains to be backed by the billions of Kakao Games, its majority shareholder, so hopefully we are able to see ODIN: Valhalla Rising launch abroad in 2023 quickly! And after all, the few secret tasks it has been engaged on.
