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'Odin' Lion Heart Kim Jae -young, as the second largest shareholder of Kakao Games

Kim Jae-young, CEO of Lion Heart Studio, who developed 'Odin: Valar Rising', became the second largest shareholder of Kakao Games. Kakao Games announced on the 10th that it decided to increase the third-party capital increase of KRW 199.6 billion. Here, Kim Jae-young secured stocks worth W177.1bn, or about 90%of the new stocks. Along with Kim Jae-young, Lee Han-soon, Lee Han-soon, Technical Director Lee Joon-seok, and Kim Bum Art Director also participated in the paid-in capital increase, and were assigned to 17,872 shares, 15,872 shares, and 12,946 shares of mandatory protection Jesus. As a result, Kim Jae-young added a 2.88%stake in Kakao Games to a total of 6.55%, with a total of 6.55%. The first shareholder is Kakao (41%), the parent company. Participation in the capital increase seems to be intended to strengthen the alliance between Kakao Games and Lion Heart Studio. Kakao Games said in a public announcement that the capital increase is interest in expanding global bu...