According to the industry on the 5th, the company recently asked the Financial Supervisory Service for guidelines on preparing for a domestic listing, including how to apply for and be assigned a designated external auditor.
Applying for a designated auditor refers to the process by which a company preparing to list undergoes a pre-IPO audit by an accounting firm appointed by financial authorities.
A Viva Republica official said the company is "reviewing various scenarios for a successful listing."
Viva Republica is also known to be preparing for a U.S. stock market listing. The company has begun preliminary consultations with the U.S. Securities and Exchange Commission for a local listing, and some observers say it could complete an initial public offering as early as this year.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.