W1tr AI unicorn Wrtn begins IPO preparations

South Korean AI startup Wrtn Technologies has begun preparations for an initial public offering, seeking capital to accelerate its overseas expansion after rapid growth in North America. Wrtn recently sent requests for proposals to major Korean securities firms to select lead underwriters, the company said Tuesday. It plans to appoint IPO advisers this month and map out the listing process, with a market debut targeted for 2028 or later. The preparations follow a 100 billion won ($73 million) Se