9 Billion Won Third-Party Allocation at Par 500 Won - Audit Disclaimer & Trading Halt
ITOXI decided on April 27, 2026, a third-party allocation of 1.8 million shares (par value 500 won, total 0.9 billion won) to Hong Seo-yeon
Issue price set at par 500 won because stock trading suspended since March 23, 2026, and last closing price (312 won) was below par
As of end-2025, accumulated deficit of 14.9 billion won, operating loss of 4.9 billion won, negative operating cash flow of 5.1 billion won, going concern uncertainty
Auditor (Samjong KPMG) issued a disclaimer of opinion on going concern and an adverse opinion on internal accounting controls
75% capital reduction (43M to 14.5M shares) in December 2025, largest shareholder holds 18.53%
Ongoing lawsuit for damages of about 2.4 billion won; designated as unfaithful disclosure entity in January 2026
KOSDAQ Filing Information
Filing: [Correction of Description] Small Amount Public Offering Disclosure Document (Equity Securities)