Correction of Capital Increase Reflecting 5:1 Reverse Stock Split (KRW 13 Billion)
- Due to the 5:1 reverse stock split, the number of new shares issued was adjusted from 14,300,088 to 2,860,018 shares, and the issuance price changed from KRW 1,119 to KRW 5,595 per share, while total funds raised remained approximately KRW 13 billion.
- The purpose of fund raising changed from 'acquisition of other company securities' to 'operating funds and other funds (taxes, registration fees, etc.)' for business normalization.
- The third-party allotment targets expanded from a single entity (AK Partners Asset Management Co., Ltd.) to include Dooyoung Mulsan Co., Ltd. and inside director Choi Beom-soo, but the added targets have weak financial conditions.
- The payment date was postponed to May 12, 2026, and the listing date to June 2, 2026.
ADVERTISEMENT (250px+)
KOSDAQ Filing Information
- Filing: [Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)
- Company: Exion Group (069920)
- Submission: Exion Group Company Limited
- Receipt: 04-29-2026
- Amended (Refer to related filing)