Korea Economic Daily quoted investors who did not wish to be named: Bear Robotics, an American robotics startup owned by LG Electronics, is preparing to go public on the NASDAQ and is carrying out pre-listing financing. Bear Robotics selected Bank of America as the financing arrangement provider and is approaching private equity institutions at home and abroad to participate in this pre-listing financing. The company's target valuation is about 2 trillion won, and plans to raise 300 billion to 400 billion won. The funds will be used for robot research and development.

Korea Economic Daily quoted investors who did not wish to be named: Bear Robotics, an American robotics startup owned by LG Electronics, is preparing to go public on the NASDAQ and is carrying out pre-listing financing. Bear Robotics selected Bank of America as the financing arrangement provider and is approaching private equity institutions at home and abroad to participate in this pre-listing financing. The company's target valuation is about 2 trillion won, and plans to raise 300 billion to 400 billion won. The funds will be used for robot research and development.