Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy LG Energy Solution stock when it goes public

Here's everything we know so far about the LG Energy Solution IPO.

Updated . What changed?
Fact checked

Seoul-headquartered LG Energy Solution is preparing to go public on the Korea Exchange. While an official date has yet to be set, US investors can prepare by scoping out their international investment options. Here’s what we know so far — and how to buy in once LG Energy Solution launches.

3 ways to invest in LG Energy Solution

LG Energy Solution will only be available on the Korea Exchange, which makes it more challenging for US investors to buy in. Challenging — but not impossible. Here are three ways to gain exposure to this battery maker’s stock.

1. Buy ETFs

One of the easiest ways to invest in South Korean stocks is to invest in exchange-traded funds (ETFs) with exposure to Asian markets. Keep your eye on ETFs that invest in South Korean stocks, including:

  • Renaissance Capital’s International IPO ETF (IPOS)
  • iShares MSCI South Korea ETF (EWY)
  • Franklin FTSE South Korea ETF (FLKR)

These funds won’t turn you into an LG Energy Solution shareholder per se — at least not directly. But you will gain exposure to South Korean stocks.

2. Wait for an ADR

Another option for those interested in backing LG Energy Solution is purchasing an American Depositary Receipt (ADR). These are certificates that represent shares of international stock that can be bought from a domestic account — no international brokerage account required.

Now, not all foreign stock is available as an ADR, but given the press surrounding LG Energy Solution’s IPO, there’s a good chance it’ll be available as an ADR. To invest, you’ll need a domestic brokerage account.

Finder's picks for buying LG Energy Solution stock when it goes public

Best for low fees

Finder Award

SoFi Invest

  • Trade stocks for $0 and no annual fee
  • Start trading with a $0 minimum deposit
  • Get up to $1,000 when you fund a new account within 30 days

Promoted for easy user experience

Robinhood

  • Commission-free trading
  • Commission-free crypto
  • No minimum account balance

Promoted

tastyworks

  • $0 commissions on stocks and ETFs
  • $0 closing commissions on stock and ETF options
  • Get $200 in US stocks when you open and fund an account with min. $2,000 for 3+ mos.

3. Use an international brokerage account

An international brokerage account is the most direct way to invest in foreign stock. But most US platforms don’t offer them. And even those that do — like Interactive Brokers and Fidelity — don’t offer access to the South Korean markets.

Why? Well, South Korea places restrictions on foreign investors buying stock, which means that to invest, you’ll need to conduct your own research and fill out the appropriate paperwork. This option is best left to advanced investors who plan to invest in South Korean stocks on a regular basis and/or make high-dollar investments.

Bottom line: Investing internationally presents a unique opportunity but can be a hassle. If you’d prefer to invest in stocks that are more accessible, check out our top 5 buzzworthy IPO picks to watch.

What we know about the LG Energy Solution IPO

LG Energy Solution is expected to go public, although it has not yet filed a viewable registration document with the US Securities and Exchange Commission (SEC).

The exact IPO date has not been announced. There's no news yet about how much the stock will cost when it goes public. We'll update this page with more information as it becomes available.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy LG Energy Solution stock.

See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.

Compare trading platforms

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
1 - 5 of 5
Name Product Available asset types Stock trade fee Minimum deposit Signup bonus
SoFi Invest
Finder Award
SoFi Invest
Stocks, Options, ETFs, Cryptocurrency
$0
$0
Get up to $1,000
when you fund a new account within 30 days.
Winner of Finder’s Best Low-Cost Broker award.
Go to site
More Info
Robinhood
Robinhood
Stocks, Options, ETFs, Cryptocurrency
$0
$0
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn 4% interest on uninvested cash in your account with Robinhood Gold.
Go to site
More Info
tastyworks
tastyworks
Stocks, Options, ETFs, Cryptocurrency
$0
$0
Get $200 in US stocks
when you open and fund an account with min. $2,000 for 3+ mos.
Highly commended for Best Derivatives Trading Platform award.
Go to site
More Info
Public.com
Public.com
Stocks, ETFs, Cryptocurrency, Alternatives
$0
$0
Get up to $300 in either stocks or crypto
when you use code FINDERUS to sign up and fund a new account.
Trade stocks and ETFs commission-free, plus gain access to alternative investments like art, NFTs and more.
Go to site
More Info
Interactive Brokers
Finder Award
Interactive Brokers
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency, Futures, Forex
$0
$0
N/A
Winner of Finder’s Best Overall Stock Broker award.
Go to site
More Info
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

Information on this page is for educational purposes only. Finder is not an advisor or brokerage service, and we don't recommend investors to trade specific stocks or other investments.

Finder is not a client of any featured partner. We may be paid a fee for referring prospective clients to a partner, though it is not a recommendation to invest in any one partner.

More guides on Finder

Ask an Expert

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site