Webtoon Entertainment (Ticker: WBTN) is a social media company specializing in online comics (e.g. Manga, Manwha). Webtoon Entertainment, a subsidiary of South Korean media conglomerate NAVER, will list on June 26 on the Nasdaq in the USA. The firm is selling 15 million shares at the price of $18.00-$21.00. The expected valuation at offer is $2.67 billion. The total offer size is $315 million. The offering is managed by Goldman Sachs, Morgan Stanley, J.P. Morgan Securities, and Evercore Group. Notably, BlackRock has indicated interest in purchasing up to $50 million worth of shares, and NAVER is purchasing another $50 million of shares in a concurrent private placement through its U-Hub subsidiary.