Toss operator converts shares to nonredeemable

Korea Herald | Nov 14, 2019 at 6:27 AM
  • The latter is recognized as capital under both Korean Generally Accepted Accounting Standards (K-GAAP) and International Financial Reporting Standards.
  • The stock conversion was adopted upon the unanimous consent of the company’s shareholders — including Altos Ventures, Good Water Capital, PayPal, Kleiner Perkins and Sequoia China.