UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
April 18,
2006
GRAVITY Co., Ltd.
(Translation of registrant’s name into English)
14/F Meritz Tower, 825-2 Yeoksam-Dong, Gangnam-Gu, Seoul 135-934 Korea
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F or Form 40-F:
þ Form 20-F o Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934: o Yes þ No
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): n/a
TABLE OF CONTENTS
Samil PricewaterhouseCoopers, our independent auditors, have conducted audits and expressed an
opinion on the non-consolidated balance sheets of Gravity Co., Ltd. (the “Company”) as of December
31, 2005 and 2004, and the related non-consolidated statements of operations, appropriation of
retained earnings and cash flows for the years then ended, expressed in Korean won in accordance
with auditing standards generally accepted in the Republic of Korea. A copy of the audited non-consolidated financial statements is
attached hereto as Exhibit 99.1 and is incorporated herein by reference.
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About GRAVITY Co., Ltd.
Based in Korea, Gravity is a developer and distributor of online games. Gravity’s principal
product, Ragnarok Online, is a popular online game in many markets, including Japan, Taiwan and
Thailand, and is currently commercially offered in 21 markets. For more information about Gravity,
please visit http://www.gravity.co.kr.
Forward-Looking Statements:
Certain statements in this filing on Form 6-K may include, in addition to historical information,
“forward-looking statements” within the meaning of the “safe-harbor” provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by
the use of forward-looking terminology, such as “may,” “will,” “expect,” “intend,” “estimate,”
“anticipate,” “believe” “project,” or “continue” or the negative thereof or other similar words,
although not all forward-looking statements will contain these words. These forward-looking
statements are based on our current assumptions, expectations and projections about future events.
All forward-looking statements involve risks and uncertainties that may cause our actual
performance, financial condition or results of operations to be materially different from those
suggested by the forward-looking statements, including, but not limited to, our ability to
diversify revenue; our ability to collect, and in a timely manner, license fees and royalty
payments from overseas licensees; our ability to acquire, develop, license, launch, market or
operate commercially successful online games; our ability to compete effectively in a highly
competitive industry; our ability to anticipate and access technological developments in our
industry; our ability to recruit and retain quality employees as we grow; our ability to implement
our growth strategies; and economic and political conditions globally. Investors should consider
the information contained in our submissions and filings with the SEC and other documents we may
submit to or file with the SEC from time to time, including on Form 6-K. The forward-looking
statements speak only as of this filing on Form 6-K and we assume no duty to update them to reflect
new, changing or unanticipated events or circumstances.
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