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Total valuation looks to be $812M in IPO. So if they value each share at $113, then total number of shares will be 7185840 shares. So each member will get 7.7M out of 812M which is 0.94% of the entire company. https://twitter.com/samkimasia/status/1301119993803755520
Founder and CEO Bang PD is largest shareholder of Big Hit, owning 43.44% while Netmarble holds about 25%, according to Wednesdayâs filing.
So Bang PD will get 352,732,800$USD (352M) approx.
So Bang PD will get 352,732,800$USD (352M) approx.
As of 2018, Netmarble shareholders consisted of Bang Joon-hyuk (24.31%), CJ E&M Corp. (21.96%), Tencent (Han River) (17.66%), NCsoft (6.85%) and National Pension Service (5.00%).
In April 2018, Netmarble acquired 25.71% in Big Hit Entertainment (Wiki)
In April 2018, Netmarble acquired 25.71% in Big Hit Entertainment (Wiki)
Chairman Bang Jun-hyuk and CEO Bang Shi-hyuk are known as relatives, with the former 4 years older than the latter.
If that's the case, Bang household will have a further 49.34M share from BH IPO as well. Total 402M approx to Bang brothers.
If that's the case, Bang household will have a further 49.34M share from BH IPO as well. Total 402M approx to Bang brothers.
