Game developer Shift Up is known for its mobile and computer games that include Goddess of Victory: Nikke and console game Stellar Blade.
Shares of South Korean video game developer Shift Up spiked almost 50% as the company debuted on the Kospi on Thursday.
The company sold 7.25 million shares in its IPO, raising 435 billion won or about $315.56 million.
This is South Korea's largest IPO since the debut of maintenance and repair firm HD Hyundai Marine Solution in May.
Shift Up also makes the free-to-play game Goddess of Victory: Nikke, released in 2022.
Persons:
Tae Kim
Organizations:
Korea Exchange, South Korean, Hyundai, PlayStation
Locations:
Seoul, South Korea, U.S