WYSIWYG Studio's Subsidiary NP Receives Approval for KOSDAQ Listing Preliminary Review
[Asia Economy Reporter Yoo Hyun-seok] Wysiwyg Studio (hereinafter Wysiwyg) announced on the 6th that its subsidiary ‘NP’ has received approval for SPAC (Special Purpose Acquisition Company) merger listing from the Korea Exchange KOSDAQ Market Division’s preliminary listing review.
NP, incorporated as a subsidiary of Wysiwyg in 2019, is a company specializing in planning and producing brand experience new media content. NP has carried out various large-scale projects including international events such as the ‘2018 Pyeongchang Winter Olympics opening and closing ceremonies’ and new product promotions for major corporations such as ‘Samsung Galaxy’ and ‘Hyundai Motor·KIA’s new car launches.’ Through continuous investments such as the newly established ‘XR Stage’ in March, NP is transforming into an ExTech (Experience Tech) company.
Wysiwyg plans to expand its business in the original content field, including the listing of its subsidiary ‘RaemongRaein’ within the year and the IP (Intellectual Property)-centered production studio ‘W Contents Studio’ scheduled to launch this year. Through NP’s listing, it is expected to gain new momentum in the new media business sector as well.
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Wysiwyg, having established infrastructure with the new XR Stage and game engine-based technology from the global game developer ‘Com2us,’ expects to maximize its dominance in the metaverse market powered by NP’s listing. A Wysiwyg official stated, “Once NP is listed, it plans to aggressively expand its business areas through collaboration with the parent company Wysiwyg, Com2us, and major corporations.”
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