Completion of 1.23 billion won third-party allotment capital increase for maintaining 2nd preferred stock listing
- TONGYANG decided a third-party allotment capital increase of 170,000 shares worth 1.23 billion won to maintain listing of 2nd preferred stock (TONGYANG2B) and protect shareholder value, with payment completed on 2026-05-20.
- New shares are expected to be listed on 2026-06-09, subject to change upon consultation with relevant authorities.
- This capital increase is a preemptive measure to meet the listing criteria after the share consolidation.
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KOSPI Filing Information
- Filing: Result of Issuance of Rights Offering or Equity-Related Bonds (Voluntary Disclosure)
- Company: TONGYANG (001520)
- Submission: TONGYANG Inc
- Receipt: 05-20-2026
- Under KRX KOSPI Market Division