The Pinkfong Company (Ticker: 403850 KS) is a South Korean media company specializing in character intellectual property (IP) development and global content distribution. It creates 2D and 3D IPs like Pinkfong, Baby Shark and Family, Hoggie, Ninimo, Bebe Finn, and Sealook and Family, delivering videos, music, apps, performances, licensing, merchandise, and games via mobile, TV, and streaming platforms.

The Pinkfong Company plans to list on KOSDAQ on November 18, 2025, offering 2,000,000 primary shares at 38,000 KRW each, raising 76 billion KRW (approximately 52.52 million USD). The post-IPO market capitalization is estimated at 545 billion KRW (392 million USD). The offering is led by Mirae Asset Securities and Samsung Securities as joint bookrunners. Demand prediction showed a 615.89:1 institutional competition rate, with 75% allocated to institutions and 25% to retail investors.