The studio Shift Up successfully went public. It managed to raise 435 billion won (319.7 million dollars) through its initial public offering — the best result among South Korean gaming companies in the last three years.
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Moreover, the studio's IPO became the second-largest in South Korea in 2024. Only HD Hyundai Marine Solution raised more during its debut, collecting 553 million dollars.
As noted by Bloomberg, the demand for Shift Up shares exceeded the supply by 266 times. By the end of the first day of trading, the studio's share price had increased by 18% to 71,000 won per share (51.5 dollars).