APR Signs IPO Legal Advisory Contract with Kim & Chang

Global beauty tech company APR (CEO Kim Byung-hoon) is accelerating its IPO process by signing a legal advisory contract with Kim & Chang, the largest law firm in Korea.

APR announced on the 10th that it had signed a legal advisory contract related to the IPO with Kim & Chang. According to the contract, Kim & Chang will be responsible for ▲reviewing relevant laws and articles of incorporation ▲reviewing IPO-related disclosure documents ▲reviewing listing-related legal matters and consulting with relevant institutions as needed in relation to APR's IPO.

Through this advisory contract, APR's expectations for a successful listing have significantly increased. Kim & Chang, a top-tier domestic law firm, is highly regarded among companies preparing for IPOs. Dozens of large companies, including LG Energy Solution, one of the most notable IPO companies recently, as well as Kakao Pay, Hyundai Heavy Industries, and Krafton, have received legal advice from Kim & Chang. Reflecting these achievements, Kim & Chang was selected as 'Band 1,' the highest rating in 18 categories in the 'Chambers Asia-Pacific 2023' edition published by the global legal market ranking 'Chambers Global' in December last year, and also received top ratings in several other legal market evaluations and surveys.

Kim & Chang is known to be forming a dedicated team to provide advisory services related to APR's listing. This team belongs to the Capital Markets Group within Kim & Chang, which has excelled not only in domestic IPO-related work but also in overseas listings, block trades outside regular hours, and domestic and overseas securities issuance. APR plans to utilize the expertise, experience, and insight of the advisory team to thoroughly review and prepare for various legal issues that may arise during the listing process.

An APR representative stated, “We are pleased to have Kim & Chang, a law firm with proven capabilities and extensive experience in IPO legal advisory, as our legal advisory partner,” and added, “We will achieve a successful IPO through thorough preparation ahead of the full-scale listing process scheduled for the second half of 2023.”

This content was produced with the assistance of AI translation services.