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As of September 27, 2026, Rebellions has not filed a listing application with the Korea Exchange, the regulator for South Korea's KOSPI and KOSDAQ boards; a US search tool such as SEC EDGAR does not apply, since Rebellions is a Korean company and any listing would happen there, not in the United States. CEO Park Seong-hyun told CNBC on July 8, 2026, in an exclusive interview, that Rebellions is leaning toward KOSPI over KOSDAQ, targeting an IPO in the first or second quarter of 2027, with J.P. Morgan and Samsung Securities preparing the offering. On August 2, 2026, Seoul Economic Daily reported that Korea Exchange is weighing a new KOSDAQ 'Select League' direct-listing tier for trillion-won unicorns, and named Rebellions and FuriosaAI among the AI-chip companies already seen as strong candidates for it. Then, on August 28, 2026, Chosunbiz reported that Nvidia CEO Jensen Huang met Park at Nvidia's Santa Clara headquarters to discuss cooperation options, including a possible acquisition; the article said Rebellions is currently pursuing an IPO, and that its government policy-fund shareholders, part of a 640 billion won pre-IPO round closed in March 2026, make a sale of control legally and politically complicated. Track Korea Exchange's own disclosures directly, not rumors.
Park Seong-hyun told CNBC on July 8, 2026, in an exclusive interview, that Rebellions is leaning toward South Korea's KOSPI board over KOSDAQ, and is targeting an IPO in the first or second quarter of 2027. He said J.P. Morgan and Samsung Securities are preparing the offering.
That is a statement from the company's own chief executive, which carries more weight than anonymous sourcing, but it is still a stated intention. Rebellions has not filed a listing application with the Korea Exchange, and no prospectus is public as of September 27, 2026.
Korea Exchange is building a faster lane for AI-chip unicorns
Seoul Economic Daily reported on August 2, 2026 that Korea Exchange is weighing a new KOSDAQ 'Select League' direct-listing tier aimed at trillion-won companies. The report named Rebellions and FuriosaAI among the AI-chip companies that have already declared KOSDAQ listing challenges and are seen as strong candidates for the new tier.
A regulator considering a new listing tier is a policy proposal, not a completed listing for either company. Whether Rebellions would use a Select League KOSDAQ tier or the KOSPI board Park described to CNBC is not resolved by either report.
Nvidia talks run alongside the IPO track, not instead of it
Chosunbiz reported on August 28, 2026 that Nvidia CEO Jensen Huang met Park at Nvidia's Santa Clara headquarters to discuss cooperation options, including a possible acquisition. The article also said Rebellions is currently pursuing an IPO.
The same report said Rebellions' government policy-fund shareholders, part of a 640 billion won pre-IPO round closed in March 2026, make a sale of control legally and politically complicated. That detail is one reason the article frames the Nvidia conversation as cooperation talks rather than a live acquisition process.
Private-share data lens
Public round-by-round marks are incomplete for this company. Segmara shows the listing mark and keeps the seed-to-IPO analysis focused on verifiable funding, tender, or secondary signals.
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Indicative listing context
Stage
Date
Valuation / price signal
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Seed / early
Private
Not reliably public
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Growth rounds
Private
Company and market sources vary
Use public sources and official company releases.
Segmara listing
Current
No indicative price yet
Indicative reference only, not a quote or an offer.
IPO status
Current
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Seed-to-IPO path
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A structured extraction layer for this article: catalogue numbers, price context, chart values, and route-specific facts that search and AI systems can read directly from the page.
Metric
Value
Context
Canonical route
/blog/when-will-rebellions-ipo
Stable URL path for AI and search extraction.
Article title
When Will Rebellions IPO? It's Leaning Toward KOSPI, Not KOSDAQ
Main page topic.
Attached public sources
3
Number of citation links rendered at the bottom of the article.
Segmara listed companies
148
Live private-company listings in the public catalogue.
Priced listings
37
Catalogue listings with visible indicative or direct marks.
Listings without an indicative price
111
Catalogue listings where a public price is intentionally not invented.
Company
Rebellions
Named company covered by this page.
Symbol label
RBLN
Segmara display symbol; not a public stock ticker unless separately stated.
Sector
AI Semiconductors
Catalogue sector used for comparison and internal linking.
Listing structure
Request
How the listing is categorized on Segmara.
Segmara mark
No indicative price yet
Visible listing mark, or no indicative price yet.
Sector peer count
3
Number of live Segmara listings in AI Semiconductors.
Structure peer count
111
Number of live Segmara listings categorized as Request.
Data fingerprint chart
Stage
Timing
Price / valuation signal
Interpretation
Formation
Private
Early ownership
The first value creation happens before ordinary public-market access.
Growth rounds
Private
Institutional repricing
Later rounds and tenders create the price history buyers study.
Segmara listing
Current
No indicative price yet
Indicative reference only, not a quote or an offer.
Exit path
Future
IPO, tender, acquisition, or continued private status
Searches like 'When Will Rebellions IPO? It's Leaning Toward KOSPI, Not KOSDAQ' are research questions: what a filing or a company statement confirms, what has only been reported, and what is still unknown.
What counts as a listing step
For an IPO, the primary record is a registration statement filed with the securities regulator of the listing market, such as an S-1 or F-1 on SEC EDGAR for a US listing. Funding rounds, valuations and secondary-market prices are context, not listing steps.
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CEO Park Seong-hyun told CNBC on July 8, 2026, in an exclusive interview, that Rebellions is leaning toward listing on South Korea's KOSPI board rather than KOSDAQ, targeting an IPO in the first or second quarter of 2027, with J.P. Morgan and Samsung Securities preparing the offering.
Seoul Economic Daily reported on August 2, 2026 that Korea Exchange is weighing a new KOSDAQ 'Select League' direct-listing tier aimed at trillion-won unicorns, naming Rebellions and FuriosaAI among the AI-chip companies that have already declared KOSDAQ listing challenges and are seen as strong candidates for the tier.
Chosunbiz reported on August 28, 2026 that Nvidia CEO Jensen Huang met Park at Nvidia's Santa Clara headquarters to discuss cooperation options, including a possible acquisition; the article said Rebellions is currently pursuing an IPO, and that government policy-fund shareholders from a 640 billion won pre-IPO round closed in March 2026 make a sale of control legally and politically complicated.
Risk notes
Rumor risk: unofficial dates, valuations, or funding details circulating on social media or forums are frequently wrong or outdated and should not be treated as confirmation of anything.
Illiquidity risk: any private-market interest, indicative marks, or pre-IPO share arrangements in a company that has not listed can be difficult to exit and may not reflect a tradable price.
Timing risk: a company can pause, restart, or abandon IPO preparation at any stage, including after a confidential or public filing, so no step before pricing guarantees a listing.
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Start from $25 ($1.00 starter credit available) via instant Stripe checkout (Card, Apple Pay, Link, no password required), or browse Segmara's live pre-IPO listings to select your target company.
Has Rebellions confirmed an IPO date?
No. Rebellions has not filed a listing application with the Korea Exchange. CEO Park Seong-hyun told CNBC on July 8, 2026 that the company is targeting the first or second quarter of 2027, but that is a target he described in an interview, not a filed prospectus.
Which stock exchange is Rebellions leaning toward?
KOSPI, according to Park's comments to CNBC on July 8, 2026, over the KOSDAQ board. Separately, on August 2, 2026, Seoul Economic Daily reported that Korea Exchange is weighing a new KOSDAQ 'Select League' tier and named Rebellions as a candidate for it, so which board Rebellions ultimately lists on remains unsettled between the two reports.
Could Nvidia acquire Rebellions instead of it going public?
Chosunbiz reported on August 28, 2026 that Nvidia CEO Jensen Huang met Park to discuss cooperation options, including a possible acquisition. The same article said Rebellions is currently pursuing an IPO, and that its government policy-fund shareholders from a March 2026 pre-IPO round make a sale of control legally and politically complicated.
Can I buy Rebellions shares before the IPO?
Not through a public exchange. Rebellions is a private company, and any private-share offer you encounter should be verified independently before you rely on it. Segmara does not sell, broker, or arrange purchases of Rebellions shares.
Pre-IPO Allocation
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