Dae Yang Metal to raise 1 billion won via small public offering for working capital

Offering details: 793,650 common shares via general public offering at 1,260 won per share, total 1 billion won for working capital. Subscription on 2026.05.13, payment on 2026.05.15.
2025 consolidated revenue 223.5 billion won, operating profit 5.6 billion won (up from 1.9 billion won in prior year).
2025 consolidated net profit of 9.4 billion won, turning around from a net loss of 15.3 billion won in the prior year.
Adjusted debt ratio improved to 33.37%. Cash and cash equivalents 11.0 billion won.
Accumulated deficit of 63.1 billion won; no dividends paid. Accumulated unpaid dividends on preferred shares 5.7 billion won.
Five lawsuits related to management dispute pending (unjust enrichment, damages, etc.). Preliminary injunction granted in prior year suspending effect of shareholder resolution.
Change in largest shareholder: on 2025.10.01 to DYM Partners Co., Ltd. (14.59% stake).
Newly consolidated subsidiaries: DYM Loan Co., Ltd. and Dae Yang Hwasung Co., Ltd. Entire stake in related company Youngpoong Paper disposed.
Post-reporting period additional funding plans: 5 billion won capital increase and 12 billion won convertible bond issuance expected.

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