Coupang’s stake structure, which is about to be listed on the US stock market, has been revealed.
According to the revised listing application document submitted to the U.S. Securities and Exchange Commission on the 1st of Coupang’s local time, Coupang founder Kim Bum-seok, chairman of the board of directors, was granted 100% of Class B common stock with differential voting rights equal to 29 times that of ordinary stocks, and 76.7% after listing. You have the right to vote.
Class B stocks can be converted to Class A stocks.After the two stocks are listed, SoftBank Vision Fund 33.1%, Greenox Capital 16.6%, Greenox founder Neil Meta 16.6%, and Chairman Kim 10.2%.
Among them, when calculating the value of the stake held by Chairman Kim, it was found to be about $5.22 billion and KRW 5.8 trillion in Korean money.
Yonhap News TV article inquiries and reports: katok/line jebo23
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2021/03/02 21:35 sent
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