GoKawiilRebellions is targeting an initial public offering in South Korea in the first or second quarter of next year, the CEO told CNBC exclusively, as it looks to capitalize on massive investor interest in AI chips.
Sunghyun Park, CEO of Rebellions, told CNBC that the company is leaning toward a listing on the KOSPI over the KOSDAQ.
"Real revenue is now being generated. That's why we are preparing the IPO with underwriter at J.P. Morgan and [Samsung Securities]," Park told CNBC on Wednesday.
"Basically, our investors prefer the Korea market, KOSPI actually, because we are well aligned with the Korean government megaproject, one of the largest commitments into AI infrastructure in the world," he added.
Park said the company was also evaluating other listing options, such as the U.S., and was currently holding talks with both the New York Stock Exchange and Nasdaq.
CNBC previously reported that Rebellions was planning a listing, but Park's comments are the first details of the plan.