Mr. Blue "Subsidiary Bluepotion Games Signs IPO Lead Underwriter Agreement with NH Investment & Securities"
Mr. Blue announced on the 30th that Blue Potion Games has signed a lead underwriting agreement with NH Investment & Securities for a KOSDAQ listing. Blue Potion Games will begin the formal procedures for its initial public offering (IPO) and listing on the KOSDAQ market.
Founded in 2018, Blue Potion Games is a subsidiary of Mr. Blue, a webtoon platform specialist company, and is responsible for overseeing content businesses related to games. It has accumulated in-house expertise in development and operation by globally servicing the PC MMORPG (Massively Multiplayer Online Role-Playing Game) "EOS" in regions such as China, North America, and Europe.
Building on this, the mobile MMORPG "EOS Red," released in August 2019, maintained the second-highest Google revenue ranking for an extended period, earning recognition for its development and operational capabilities. Since then, the service area has expanded to Taiwan, Southeast Asia, Japan, and other regions, growing into a game beloved by many users to this day. At the end of this year, "EOS Black," a sequel to "EOS Red," is scheduled for release, expected to drive the company's sustained growth.
Alongside this, the company is expanding into the publishing business specialized in idle games, anticipating positive results from business diversification. Recently, the collectible RPG "Dungeon is Our Home" has gained significant popularity after its official launch, and two additional games, including an idle RPG utilizing the EOS Red IP (intellectual property), are planned for release in the second half of the year. Furthermore, the company aims for long-term growth through "Project R," currently under development using Unreal Engine 5.
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A representative of Blue Potion Games stated, "Starting with the lead underwriting agreement with NH Investment & Securities, we will successfully complete the IPO and strive to become a global game company with strong development and service capabilities."
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