Keyang Electric Announces 8.2M Share Rights Offering - 0.2314 Shares Per Share, 20% Discount
- Keyang Electric decides to issue 8.2 million common shares (approx. 23.14% dilution). Allocation ratio: approx. 0.2314082845 shares per existing share.
- Purpose of capital increase not explicitly stated in the disclosure (table fields blank).
- Expected issue price set at 80% of reference price (20% discount); final price is the lower of the 1st and 2nd prices, with a floor of 60% of reference price.
- 20% (1.64M shares) pre-allocated to employee stock association, then to existing shareholders (with 20% oversubscription limit), followed by public offering.
- Lead underwriter: KB Securities. Subscription schedule: employee 2026/7/23, existing shareholders 2026/7/23-7/24, public offering 2026/7/28-7/29. Payment and listing dates to be disclosed.
- Rights certificates to be listed on KRX (2026/7/8-7/14). Securities registration statement due 2026/5/13; final issue price to be announced on 2026/7/20.
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KOSPI Filing Information
- Filing: Report On Major Matters (Decision On Paid-In Capital Increase)
- Company: KEYANG ELECTRIC MACHINERY (012200)
- Submission: KEYANG ELECTRIC MACHINERY CO.,LTD
- Receipt: 05-08-2026