Comment on K-Pop band BTS agency Big Hit prices IPO at top of range in blockbuster offering

K-Pop band BTS agency Big Hit prices IPO at top of range in blockbuster offering

BTS members dance in the music video "Dynamite" Big Hit Labels/YouTube Korea's Big Hit Entertainment, which manages K-pop idol band BTS, priced its upcoming IPO at the top of its anticipated range and was swamped by investor demand. The offering, which priced at 135,000 won ($115) a share, was 1,117 times oversubscribed, according to a regulatory filing on Monday. Big Hit will list on Seoul's KOSPI index in early October Visit Business Insider's homepage for more stories. Big Hit Entertainment, the agency behind South Korean boyband BTS, has priced its upcoming initial public offering at the top of its anticipated range, having been flooded with prospective investors on Monday.

 

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