South Korean AI chip startup Rebellions targets IPO next year
SEOUL: South Korean AI chip startup Rebellions aims to list its shares on the Korean market in the first half of next year, followed by a potential listing in the United States, its co-founder and chief executive Park Sunghyun told Reuters on Wednesday.
“Our priority right now is Korea market,” he said.
“Then you can go to U.S. market using the ADR just as how SK Hynix is planning,” he said, referring to American Depositary Receipts (ADR), which allow U.S. investors to buy shares of foreign companies directly on U.S. stock exchanges.
