45 billion won rights offering for Will Technology acquisition, coupled with treasury share cancellation
Largest shareholder Hansol Holdings committed to exercising 100% of its preemptive rights plus an additional 20% oversubscription (up to 120%), signaling responsible management
Completed cancellation of all 692,361 treasury shares, enhancing shareholder value; capital increase ratio of 39.51% based on 31,417,517 outstanding shares
Acquiring 83.37% stake in Will Technology (non-memory probe card maker) for 177.2 billion won, expanding into semiconductor testing
Proceeds from the rights offering (approx. 45 billion won) will partially fund the Will Technology acquisition (repaying bridge loans); shortfall covered by debt
2025 consolidated revenue 1.25 trillion won, operating profit 20.4 billion won (down YoY); Samsung Electronics accounts for 65.34% of sales
Debt-to-equity ratio 102.16%, debt dependency 21.89%; financial position adequate but could change with additional borrowings for the acquisition
Issuing 12,414,000 new shares via rights offering with public offering of unsubscribed shares; expected issue price 3,625 won (20% discount); listing on Aug 4
Concurrent third-party placement of 9,212,000 shares (45 billion won) to the largest shareholder, raising its stake to 38.69%
Recovered 8.66 billion won in damages related to past accounting errors at subsidiary Hansol IONES; contingent liability risk appears limited
KOSPI Filing Information
[Correction of Description] Securities Registration Statement (Equity Securities)