RNT-X Decides on Third-Party Allotment Rights Issue of Approx. KRW 1 Billion

Offer Overview: Resolution to issue 651,890 common shares at KRW 1,534 per share via third-party allotment, totaling approx. KRW 1 billion (KRW 999,999,260).
Issue Price: Set at KRW 1,534 (10% discount to reference price of KRW 1,703.92); funds to be used for working capital and financial structure improvement.
Consolidated 2025 Financials: Revenue KRW 38.38bn (vs. KRW 39.35bn previous year); operating profit KRW 208mn (turnaround); net loss KRW 3.29bn (narrowed from KRW 14.60bn loss previous year).
Separate 2025 Financials: Revenue KRW 8.04bn; continued operating loss KRW 5.51bn; net loss KRW 5.18bn.
Change of Major Shareholder: Changed to RNT-2 Technology Co., Ltd. in January 2026 (stake 24.67%).
Accumulated Deficit: Consolidated KRW 27.06bn, separate KRW 27.72bn; not in capital impairment (consolidated debt ratio 75.2%).
Outstanding Convertible Bonds: 5th series KRW 2.8bn (conversion price KRW 995, convertible into 2,814,070 shares).
Pending Lawsuits: 4 cases (total claim approx. KRW 5.92bn) in progress.
Dividends: No dividends for the last 3 years; dividend payment impossible due to accumulated losses.
Consolidated Operating Cash Flow: Improved to KRW 4.72bn (previous year -KRW 3.17bn).

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